GBP/USD Outlook (17th June 2019)

• GBP/USD testing key level
  

Price Movement
Since last Friday, GBP/USD moved down by around 100pips before moving back up by around 15pips.

Trend
Recently, GBP/USD is trending downwards.

Important Issue
None.

Technical
GBP/USD is testing the 1.26 key level.

Price Levels
Current Price: 1.25934
Next Resistance: 1.27431
Next Support: 1.25850