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GBP/USD Outlook (5th 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
2
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trendanalysis forex macro technical trend gbpusd
  • GBP/USD moving towards resistance level

Price Movement
Since yesterday, GBP/USD moved up by around 35pips.

Trend
Overall, GBP/USD is trending downwards.

Important Issue
None.

Technical
GBP/USD is moving towards the resistance level of 1.27431.

Price Levels
Current Price: 1.27118
Next Resistance: 1.27431
Next Support: 1.25622
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