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GBPUSD News

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Last Updated Date: 12 April 2021 @ 8:03 AM (UTC)
*Please note that all the dates are in GMT time zone

Overall the market is bearish with a downside breakout likely sending trade to attack a 1.3640 weekly low. A close under 1.3640 will head the Sterling to the 1.3560 level. A reluctance to extend under 1.3640 hints for attempts to rebound this week. Corrective rebounds trapped by 11.3750 will maintain bear forces. A close over 1.3819 (SAR) confirms the start of a reversing upturn.

R2          1.3767
R1          1.3725

 
S1          1.3680
S2          1.3640


 
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