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GBP/USD Outlook (8th May 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 key level

Price Movement
Since yesterday, GBP/USD moved down by around 85pips before moving back up by around 35pips.

Trend
GBP/USD is ranging across.

Important Issue
None.

Technical
GBP/USD is moving towards the 1.31 key level.

Price Levels
Current Price: 1.30733
Next Resistance: 1.31675
Next Support: 1.29990
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