Daily Analysis of #GBPUSD

Daily Analysis of #EURUSD
December 7, 2017
Daily Analysis of #USDJPY
December 7, 2017

Daily Analysis of #GBPUSD

During the trading hours yesterday, the pound lowered its value from 1.3439 USD to 1.3389 USD. This morning the currency pair is trading at 1.3365 USD. According to the analysis of Forex Markex Signals, if GBP breaks the resistance levels at 1.3432 – 1.3436 USD, the aim will be reaching and testing the zone 1.3481 – 1.3482 USD. If it is successful, the upward trend will continue to 1.3518 – 1.3521 USD. If GBP drops below the support levels at 1.3350 – 1.3347 USD, it will try to find next support at 1.3311 – 1.3309 USD. In case of breaking down, the downward trend will continue to 1.3265 – 1.3261 USD.

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