JinDao_Tai

GBP/USD Outlook (28th June 2019)

FX:GBPUSD   British Pound / U.S. Dollar
  • G20 Meetings Day 1
  • GBP/USD rejected key level

Price Movement
Since yesterday, GBP/USD moved up by around 45pips before moving back down by around 45pips.

Trend
Overall, GBP/USD is ranging across.

Important Issue
Today is day 1 of G20 Meetings. Expect volatility in price movements.

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

Price Levels
Current Price: 1.26792
Next Resistance: 1.27400
Next Support: 1.26000

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