- GBP/USD testing key level
Price Movement
Since yesterday, GBP/USD moved down by around 115pips before moving back up by around 40pips.
Trend
Overall, GBP/USD is trending downwards.
Important Issue
None.
Technical
Yesterday, GBP/USD tested and rejected the resistance level of 1.31675.
It is currently testing the 1.31 key level.
Price Levels
Current Price: 1.31005
Next Resistance: 1.31675
Next Support: 1.30000