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GBPUSD Technical Analysis Forecast Wednesday, May 24, 2017

ForexZig.com May 24, 2017

GBPUSD Technical Analysis

During the Tuesday, May 23, 2017 forex currency pair GBPUSD started trading at 1.29989 and ended at 1.29607.

Daily top price was 1.30332 and daily bottom rate was 1.29523.

At the Asian trade session the currency pair GBPUSD started trading at 1.29989 and ended at 1.29889. Asian high was 1.30049, Asian bottom price was 1.29731.

At the European trade session the currency pair GBPUSD started trading at 1.29916 and ended at 1.29935. European high was 1.29995, European bottom price was 1.29523.

At the U.S. trade the currency pair GBPUSD started trading at 1.29702 and ended at 1.29818. U.S. high was 1.30332, U.S. lowest value was 1.29684.

GBPUSD Wednesday, May 24, 2017 Daily analysis for GBPUSD

Pivot points for Wednesday, May 24, 2017

S3 S2 S1 Pivot R1 R2 R3
1.28500 1.29012 1.29309 1.29821 1.30118 1.30630 1.30927

GBPUSD Forecast

We foresee short-term change at 0.00077 and a long-term adjustment at 0.00272 or our expectation is uptrend and to reach 1.29879.

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