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GBPUSD Technical Analysis Forecast Monday, May 1, 2017

ForexZig.com May 1, 2017

GBPUSD Technical Analysis

In the Sunday, April 30, 2017 currency pair GBPUSD started trading at 1.29032 and closed at 1.29472.

Daily high was 1.29650 and daily lowest price was 1.28882.

During the Asian trade the pair GBPUSD started trading at 1.29032 and closed at 1.29059. Asian top price was 1.29097, Asian bottom value was 1.28882.

During the European trade the pair GBPUSD started trading at 1.29052 and closed at 1.29371. European top price was 1.29560, European bottom value was 1.28906.

During the U.S. trade session the currency pair GBPUSD opened at 1.29429 and ended at 1.29361. U.S. high was 1.29473, US low was 1.29014.

GBPUSD Monday, May 1, 2017 Daily analysis for GBPUSD

Support Resistance points for today

S3 S2 S1 Pivot R1 R2 R3
1.28251 1.28567 1.29019 1.29335 1.29787 1.30103 1.30555

GBPUSD Forecast

We expect short-term adjustment at -0.00213 and a long-term change at -0.00334 or our expectation is downtrend and target 1.29138.

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