GBP USD Remains one month lows in Forex market
8/16/2017 7:13:13 PM
The pound is exchanging gains with losses against the dollar on Wednesday, provoking GBP/USD to expand the marginal theme below 1.2904 the figure and ahead of the UK’s job report.
As of writing the pair is losing 0.06% at 1.2867 and a break below 1.2842 would open the door to 1.2810 and ultimately 1.2740. On the other hand, the next persistence line up at 1.2931 followed by 1.2993 and ultimately 1.3011.
FOREX market analysis by FxErvin.