JinDao_Tai

GBP/USD Outlook (29th May 2019)

FX:GBPUSD   British Pound / U.S. Dollar
  • GBP/USD rejected key level

Price Movement
Since yesterday, GBP/USD has been moving indecisively within a 55pips range.

Trend
GBP/USD is trending downwards.

Important Issue
None.

Technical
Yesterday, GBP/USD tested and rejected the 1.27 key level.

Price Levels
Current Price: 1.26627
Next Resistance: 1.27431
Next Support: 1.25622

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