GBPUSD Technical Analysis
In the preceding trading day forex currency pair GBPUSD opened at 1.24643 and closed at 1.25172.
Daily high was 1.25569 and daily low was 1.24489.
During the Asian trade the currency pair GBPUSD opened at 1.24638 and closed at 1.24679. Asian highest price was 1.24810, Asian bottom rate was 1.24608.
During the European trade the currency pair GBPUSD opened at 1.24549 and closed at 1.24784. European highest price was 1.24846, European bottom rate was 1.24489.
During the U.S. trade the pair GBPUSD opened at 1.24982 and closed at 1.25449. US high was 1.25569, U.S. bottom rate was 1.24677.
Support Resistance points for Monday, November 7, 2016
We expect short-term adjustment at -0.00798 and a long-term adjustment at -0.00584 or our prediction is downtrend and target 1.24588.