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GBPUSD Technical Analysis Forecast Wednesday, May 16, 2018

ForexZig.com May 16, 2018

GBPUSD Technical Analysis

In the Tuesday, May 15, 2018 forex currency pair GBPUSD opened at 1.35573 and ended at 1.35046.

Daily top level was 1.35717 and daily bottom price was 1.34510.

During the Asian trade the currency pair GBPUSD opened at 1.35573 and ended at 1.35689. Asian highest rate was 1.35717, Asian low was 1.35563.

During the European trade the currency pair GBPUSD opened at 1.35463 and ended at 1.35486. European highest rate was 1.35615, European low was 1.35234.

During the U.S. trading the pair GBPUSD started trading at 1.35148 and ended at 1.35100. US highest price was 1.35256, U.S. lowest price was 1.34510.

GBPUSD Wednesday, May 16, 2018 Daily analysis for GBPUSD

Support Resistance points for Wednesday, May 16, 2018

S3 S2 S1 Pivot R1 R2 R3
1.33258 1.33884 1.34465 1.35091 1.35672 1.36298 1.36879

GBPUSD Forecast

We expect short-term adjustment at -0.00121 and a long-term shift at -0.00177 or our prediction is range and to reach 1.34869.

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