GBPUSD

10:21, 14 May

GBPUSD

Yesterday the pair had jumped to the 1.2440 after U.K. GDP data. After that the pair fell harshly with Fed President Powell speech.  

1.2250 is the main resistance level for the pair. However we follow 1.2160 as a support level. We may see some recovering from this support level.  

Resistance levels: 1.2250 – 1.2300 – 1.2340 
Support levels: 1.2160 – 1.2120 – 1.2100