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GBPUSD Technical Analysis Forecast Tuesday, May 8, 2018

ForexZig.com May 8, 2018

GBPUSD Technical Analysis

In the Monday, May 7, 2018 currency pair GBPUSD started the session at 1.35348 and closed at 1.35583.

Daily high was 1.35751 and daily lowest level was 1.35149.

During the Asian trade the pair GBPUSD started the session at 1.35348 and closed at 1.35487. Asian high was 1.35535, Asian bottom level was 1.35294.

During the European trade the pair GBPUSD started the session at 1.35492 and closed at 1.35293. European high was 1.35555, European bottom level was 1.35268.

During the U.S. trade the currency pair GBPUSD opened at 1.35189 and ended at 1.35653. US high was 1.35751, U.S. lowest value was 1.35149.

GBPUSD Tuesday, May 8, 2018 Daily analysis for GBPUSD

Support Resistance points for today

S3 S2 S1 Pivot R1 R2 R3
1.34636 1.34892 1.35238 1.35494 1.35840 1.36096 1.36442

GBPUSD Forecast

We expect short-term adjustment at -0.00100 and a long-term adjustment at -0.00030 or our forecast is range and target 1.35553.

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