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28.05.2020 GBP/USD Daily Analysis
GBP/USD experiences a drop below the 100 Simple Moving Average on the four-hour chart and also trades below the 200 SMA. On the positive side
Yazar: editor_1
Yayınlanma: 28 Mayıs 2020 18:15
Güncellenme: 25 Kasım 2024 21:57
28.05.2020 GBP/USD Daily Analysis
GBP/USD experiences a drop below the 100 Simple Moving Average on the four-hour chart and also trades below the 200 SMA. On the positive side, it is staying above 50 SMA and enjoying a positive momentum. GBP/USD trading below 1.23 on the back foot due to Britain’s refusal to extend the Brexit transition period and the BOE’s open doors to negative rates on the pound. US data and political developments around the Cummings scandal are eyed The Resistance awaits at 1.2275, the daily high followed by 1.2335, just a step ahead on the way down mid-May Support awaits at 1.2205, today swing low, followed by 1.2160 the weekly trough.İLGİLİ HABERLER
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