JinDao_Tai

GBP/USD Outlook (30 March 2020)

FX:GBPUSD   British Pound / U.S. Dollar
Overall, GBP/USD is trending downwards. Recently, GBP/USD trended higher, breaking the resistance level of 1.22745.
Last Friday, U.K. Prime Minister Boris Johnson was tested positive for coronavirus and is currently under self-isolation and working from home.
Currently, GBP/USD is bouncing upwards from the key level of 1.24. Its next support level is at 1.22745 and the next resistance level is at 1.25500.
Look for short-term buying opportunities of GBP/USD.

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