GBPUSD

GBPUSD

In the UK, the GDP grew by 1.8% on a year-to-year basis. On a quarterly basis, Britain registered a meager growth of 0.5%, which was also in line with expectations for no change from the previous reading.
Looking ahead, traders will focus on a trio of reports on activity in the manufacturing, construction and services sectors for further indications on the continued effect that the Brexit turmoil is having on the economy.
If the GBPUSD pair stays above the 1.2668 major support level on a daily basis, we will see the key resistance levels at 1.2723 and 1.2807. On the other hand, if the pair breaks down below 1.2668, the next support level can be found at 1.2607.

Support : 1.2668 - 1.2607 - 1.2528

Resistance : 1.2723 - 1.2807 - 1.2871

01 Jul 19 (Mon)

06:48 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