Chat

GBPUSD News

(0 votes)


Last Updated Date: 9 May 2022 @ 7:14 AM (UTC)
*Please note that all the dates are in GMT time zone

The GBPUSD is very weak as it is short/medium term bearish and Friday’s weakness and break leave trade poised for follow through selloffs, suggesting a wash towards the 1.2251, when broken 1.2075 May 2020 Low. Only a close over 1.2524 (SAR) stops the downturn and signals for a short term retracement phase.
Chart

GBPUSD Live Price


sell
buy
Daily price range:
Low
High



RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.