Overall, GBP/USD is moving across. Recently, GBP/USD trended lower with the poor U.K. GDP m/m data (Actual: -0.3%, Forecast: 0.0%, Previous: 0.0%) released yesterday.
Currently, GBP/USD is testing the key level of 1.30. Its next support level is at 1.29500 and the next resistance level is at 1.30700.
With the upcoming release of the U.S. CPI m/m data at later at 2130 (SGT), stay out of GBP/USD for now.
Currently, GBP/USD is testing the key level of 1.30. Its next support level is at 1.29500 and the next resistance level is at 1.30700.
With the upcoming release of the U.S. CPI m/m data at later at 2130 (SGT), stay out of GBP/USD for now.