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BlackBull_Markets
Aug 20, 2019 8:26 PM

$GBPUSD Daily movement #GBPUSD - GBPUSD 

British Pound/U.S. DollarFXCM

Description

We can currently see Sterling move just above the weekly support at 1.20000 which also happens to be a major psychological round number.

Looking at the daily it seems to reject the charted support as shown, however there is a lot of strength to the downside caused by the politics including a possible no deal Brexit in the UK and the ever rising US Dollar as we see record low Unemployment Rates and big US economy growth.
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