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GBPUSD Technical Analysis Forecast Wednesday, May 17, 2017

ForexZig.com May 17, 2017

GBPUSD Technical Analysis

Within the Tuesday, May 16, 2017 forex currency pair GBPUSD opened at 1.28965 and closed at 1.29149.

Daily high was 1.29572 and daily lowest value was 1.28654.

At the time of the Asian trade session the currency pair GBPUSD opened at 1.28965 and closed at 1.29049. Asian top rate was 1.29180, Asian low was 1.28963.

At the time of the European trade session the currency pair GBPUSD opened at 1.29097 and closed at 1.28842. European top rate was 1.29572, European low was 1.28654.

At the time of the U.S. trade the pair GBPUSD opened at 1.28750 and ended at 1.29108. US top value was 1.29194, US lowest level was 1.28749.

GBPUSD Wednesday, May 17, 2017 Daily analysis for GBPUSD

Support Resistance points for Wednesday, May 17, 2017

S3 S2 S1 Pivot R1 R2 R3
1.27760 1.28207 1.28678 1.29125 1.29596 1.30043 1.30514

GBPUSD Forecast

We expect short-term change at 0.00023 and a long-term adjustment at -0.00015 or our prediction is range and target 1.29134.

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