Forex Trading – GBP/USD

Yesterday, in the first trading hours, the British pound was in range 1.6020-1.6130 USD. During the European session, it raised its value to 1.5020 USD. This morning the currency pair is trading at 1.6050-1.6085.

According to Forex analyses, if GBP breaks the resistance levels at 1.6070-1.6090  USD, the aim will be reaching and testing the zone 1.6110-1.6130 USD. If it is successful, the upward trend will continue to 1.6150-1.6170 USD.

If GBP drops below the support levels at 1.6050-1.6025 USD, it will try to find a next support at 1.6000-1.5975 USD. In case of breaking down, the downward trend will continue to 1.5950-1.5920 USD.

Forex Trading – GBP/USD

Yesterday, in the first trading hours, the British pound was in range 1.5450 – 1.5615 USD. During the European session, it raised its value to 1.5020 USD. This morning the currency pair is trading at 1.5490-1.5515.

According to the analyses, if GBP breaks the resistance levels at 1.5510-1.5535  USD, the aim will be reaching and testing the zone 1.5550-1.5570 USD. If it is successful, the upward trend will continue to 1.5600-1.5620 USD.

If GBP drops below the support levels at 1.5500-1.5480 USD, it will try to find a next support at 1.5465-1.5445 USD. In case of breaking down, the downward trend will continue to 1.5425-1.5405 USD.

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Forex – GBP/USD

Yesterday, in the first trading hours, the British pound was in range 1.5750-1.5860 USD. During the European session, it raised its value to 1.5020 USD. This morning the currency pair is trading at 1.5775-1.5805.

According to Forex analyses, if GBP breaks the resistance levels at 1.5790-1.5810  USD, the aim will be reaching and testing the zone 1.5830-1.5850 USD. If it is successful, the upward trend will continue to 1.5870-1.5895 USD.

If GBP drops below the support levels at 1.5770-1.5750 USD, it will try to find a next support at 1.5725-1.5705 USD. In case of breaking down, the downward trend will continue to 1.5675-1.5655 USD.