FXStreet (Guatemala) - GBP/USD is trading at 1.7149, down -0.03% on the day, having posted a daily high at 1.7181 and low at 1.7131.



GBP/USD was taken out in mid point London after posting the high for the year 1.7181. It is settled in at and around 1.7150 as we approach London closing which leaves the long term and committed bulls in for action next week and room for those who cashed in to re-enter if their sights are still set on the psychological 1.72 handle. The main risk events ahead for the pair will be the FOMC minutes and then the BoE next week. Looking to a daily chart, we see that RSI is neutral at 71.82.



GBP/USD Levels



With spot trading at 1.7150, we can see next resistance ahead at 1.7151 (Hourly 20 EMA), 1.7155 (Daily Open), 1.7166 (Monthly High), (Weekly High) and (Annual High). Support below can be found at 1.7142 (Daily Classic PP), 1.7141 (Hourly 100 SMA), 1.7131 (Daily Low), 1.7114 (Daily Classic S1) and 1.7114(Weekly Classic R2).



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    Heavy Event Risk in Jobs Data, Rate Decision Will Confront Summer Trading

  2. Forex News

    US Dollar as ‘Data Dependent’ as the Fed as NFPs Approach

  3. Forex News

    Monetary Policy Speculation Continues Next Week With NFPs, RBA and BoE

  4. Forex News

    GBP Opening Monthly Range Hinges on BoE Vote Count, Inflation Report

  5. Forex News

    BoE inflation report - TDS

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!