Looking at GBPUSD’s chart, we can see that the FX pair broke down its support level at around $1.1990-1.20 and it is currently traded at around $1.1988.
Spotlight on GBPUSD. The latest daily technical analysis by AAATrade reveals the key support and resistance levels that each of these assets is likely to reach today. Look at the charts and our market analysts’ observations below and gain a fresh perspective on trading.
GBPUSD
Looking at GBPUSD’s chart, we can see that the FX pair broke down its support level at around $1.1990-1.20 and it is currently traded at around $1.1988. If it does not gain back its ground and does not move at the level above that $1.20, then it could further drop towards its next support level at around $1.1950.
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