GBPUSD

10:48, 11 May

GBPUSD

Today there is no available data on both U.K. and U.S. side. We do not see any clear direction for the pair in short term. We will follow main technical levels.  

We follow 1.2440 and 1.2480 as a resistance levels, respectively.  We think that these levels can give a selling opportunities. 1.2350 is the key support level.  

Resistance levels: 1.2440 – 1.2480 – 1.2500 
Support levels: 1.2400 – 1.2370 – 1.2350