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GBPUSD News

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Last Updated Date: 12 April 2022 @ 10:48 AM (UTC)
*Please note that all the dates are in GMT time zone

The GBPUSD market is bearish with pressing selloffs signaling a breakout under a 1.2960 weekly low. Sustained action under 1.2981 could open up a selling wave to 1.2838 and 1.2800. Corrective rebounds will likely struggle with the accelerating momentum of declines from the past several days. Only a close over 1.3091 (SAR) alerts for a sustained correction phase.

Resistance 2       1.3092
Resistance 1       1.3050

 
Support 1           1.3006
Support 2           1.2960


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