Daily Technical Analysis Of GBPUSD – Thursday, May 18
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 has been swinging, and it is currently traded at the rate of around $1.2466. Today, if the correction continues, it should test the support level at around $1.2445 and if it is not able to hold it above that level, then it could test the week’s low rate of around $1.2422.
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