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GBPUSD Technical Analysis Forecast Thursday, August 31, 2017

ForexZig.com August 31, 2017

GBPUSD Technical Analysis

In the preceding trading day currency pair GBPUSD started trading at 1.29204 and closed at 1.29239.

Daily high was 1.29377 and daily low was 1.28780.

During the Asian trade the pair GBPUSD started trading at 1.29204 and closed at 1.29243. Asian highest price was 1.29284, Asian low was 1.29174.

During the European trade the pair GBPUSD started trading at 1.29262 and closed at 1.29238. European highest price was 1.29326, European low was 1.28957.

During the U.S. trade session the currency pair GBPUSD opened at 1.29222 and closed at 1.29332. U.S. top price was 1.29357, US bottom rate was 1.28780.

GBPUSD Thursday, August 31, 2017 Daily analysis for GBPUSD

Support Resistance points for today

S3 S2 S1 Pivot R1 R2 R3
1.28290 1.28535 1.28887 1.29132 1.29484 1.29729 1.30081

GBPUSD Forecast

We expect short-term adjustment at -0.00150 and a long-term change at -0.00244 or our expectation is downtrend and target 1.28995.

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