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GBP/USD Outlook (4th June 2019)

British Pound / U.S. Dollar (FX:GBPUSD)  
JinDao_Tai  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Forex macro technical trend GBPUSD
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trendanalysis forex macro technical trend gbpusd
  • GBP/USD moving towards key level

Price Movement
Since yesterday, GBP/USD moved down by around 35pips before moving back up by around 65pips.

Trend
Overall, GBP/USD is trending downwards.

Important Issue
None.

Technical
GBP/USD is moving towards the 1.27 key level.

Price Levels
Current Price: 1.26774
Next Resistance: 1.27431
Next Support: 1.25622
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