Daily Analysis of GBP/USD

Daily Analysis of EUR/USD
November 6, 2017
Daily Analysis of USD/JPY
November 6, 2017

Daily Analysis of GBP/USD

During the trading hours on Friday, the pound raised its value from 1.3057 USD to 1.3073 USD. This morning the currency pair is trading at 1.3071 USD. According to the analysis of Forex Markex Signals, if GBP breaks the resistance levels at 1.3119 – 1.3123 USD, the aim will be reaching and testing the zone 1.3172 – 1.3174 USD. If it is successful, the upward trend will continue to 1.3212 – 1.3216 USD. If GBP drops below the support levels at 1.3030 – 1.3026 USD, it will try to find next support at 1.2988 – 1.2986 USD. In case of breaking down, the downward trend will continue to 1.2937 – 1.2933 USD.

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