GBPUSD

GBPUSD

Market will focus on the U.K. snap election on June 8. The GBPUSD currency closed last week above the major support level of 1.2860., As long as the price sustains above 1.2860 on a daily basis, we think positive view may continue and we will follow 1.2920 and 1.2985 as resistance levels. Although, if the pair drops below 1.2860, the next support level will be at 1.2775.

Support: 1.2860–1.2775 –1.2685

Resistance: 1.2920-1.2985-1.3050

05 Jun 17 (Mon)

06:18 am



Never miss a winning trading opportunity.
Join OneBillionSignals now!

Never miss a winning trading opportunity.
Join OneBillionSignals now!

Download OBS Application Download OBS Application Now Sign Up
 

Risk Warning

Important : One Billion Signals will not be liable for any losses sustained while using the services provided on the One Billion Signals application. This application is not a solicitation to trade forex signals, nor is the representation is being made that any account will, or is likely to, achieve profits or losses similar to those discussed on the application. The past performance of any trading system or methodology is not necessarily indicative of future results.

Privacy Policy | Terms of Use

© 2024 One Billion Signals All Rights Reserved