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GBPUSD Technical Analysis Forecast Wednesday, May 31, 2017

ForexZig.com May 31, 2017

GBPUSD Technical Analysis

Within the Tuesday, May 30, 2017 forex currency pair GBPUSD opened at 1.28344 and ended at 1.27985.

Daily top level was 1.28880 and daily lowest value was 1.27896.

At the time of the Asian trade the currency pair GBPUSD opened at 1.28344 and ended at 1.28042. Asian high was 1.28354, Asian bottom price was 1.27935.

At the time of the European trade the currency pair GBPUSD opened at 1.28109 and ended at 1.28561. European high was 1.28706, European bottom price was 1.28034.

At the time of the U.S. trading the pair GBPUSD started trading at 1.28649 and ended at 1.28566. U.S. highest value was 1.28880, U.S. bottom level was 1.28460.

GBPUSD Wednesday, May 31, 2017 Daily analysis for GBPUSD

Support Resistance points for Wednesday, May 31, 2017

S3 S2 S1 Pivot R1 R2 R3
1.26643 1.27270 1.27627 1.28254 1.28611 1.29238 1.29595

GBPUSD Forecast

We foresee short-term adjustment at -0.00436 and a long-term shift at -0.00543 or our prediction is downtrend and to reach 1.27442.

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