The GBPUSD market has climbed into a short term upswing and posting a close over 1.2400 implies an extension to 1.2482. Trade may slip into Friday’s range and consolidate gains, but suspect support under 1.2216 will bounce trade back to positive trade action. Only a close under 1.2182 (SAR) turns trend forces back down.
Last Updated Date: 17 May 2022 @ 7:51 AM (UTC)
*Please note that all the dates are in GMT time zone
