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GBPUSD News

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Last Updated Date: 18 May 2022 @ 6:25 AM (UTC)
*Please note that all the dates are in GMT time zone

The GBPUSD market continues to unfold an upturn flag and suggests advances over the next several days to reach for 1.2555. Near term trade may ease back into flagging congestion, but staying over 1.2430 keeps trade biased to the upside. A close under 1.2330 is needed to signal a reversing turn back to lower levels.

Resistance 2      1.2554
Resistance 1      1.2512

 
Support 1           1.2468
Support 2           1.2426


 
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