GBP/USD Outlook (7th June 2019)

British Pound/U.S. DollarFXCM

Description

⋅ Jun 7, 2019 5:49 AM

GBP/USD testing key level

Price Movement
Since yesterday, GBP/USD moved up by around 60pips before moving back down by around 45pips.

Trend
Overall, GBP/USD is trending downwards.

Important Issue
None.

Technical
GBP/USD is testing the 1.27 key level.

Price Levels
Current Price: 1.26948
Next Resistance: 1.27431
Next Support: 1.25622

Comments

DACapitalTrading

⋅ Jun 7, 2019 7:35 AM

Great setup, following you now mate! I´m about to post a trade shortly, have a look on my profile for detailed information :)