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GBPUSD Technical Analysis Forecast Thursday, May 11, 2017

ForexZig.com May 11, 2017

GBPUSD Technical Analysis

In the previous trading day forex currency pair GBPUSD started the session at 1.29364 and closed at 1.29339.

Daily high was 1.29877 and daily lowest value was 1.29275.

During the Asian trade session the currency pair GBPUSD started the session at 1.29364 and closed at 1.29494. Asian top price was 1.29565, Asian lowest level was 1.29353.

During the European trade session the currency pair GBPUSD started the session at 1.29583 and closed at 1.29504. European top price was 1.29877, European lowest level was 1.29379.

During the U.S. trading the pair GBPUSD opened at 1.29552 and closed at 1.29368. U.S. high was 1.29578, US bottom rate was 1.29275.

GBPUSD Thursday, May 11, 2017 Daily analysis for GBPUSD

Support Resistance points for Thursday, May 11, 2017

S3 S2 S1 Pivot R1 R2 R3
1.28515 1.28895 1.29117 1.29497 1.29719 1.30099 1.30321

GBPUSD Forecast

We expect short-term change at 0.00043 and a long-term shift at -0.00065 or our forecast is range and target 1.29274.

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