GBP/USD Outlook (17th May 2019)
British Pound/U.S. DollarFXCM
Description
⋅ - GBP/USD testing key level
Price Movement
Since yesterday, GBP/USD moved down by around 65pips.
Trend
GBP/USD is trending downwards.
Important Issue
None.
Technical
Yesterday, GBP/USD tested and rejected the resistance level of 1.28667.
It is currently testing the 1.28 key level.
Price Levels
Current Price: 1.27868
Next Resistance: 1.28667
Next Support: 1.27431