GBP USD Trading News 3
9/22/2017 2:28:17 PM
The pound is trading nearly unmoved against the dollar in Forex market, now taking GBP/USD to the 1.3582/89 band.
Cable keep on recovering from Wednesday’s weekly lows in the mid-1.3403s amongst a retracement in the dollar, while it is slowly moving toward the critical handle at 1.3610 the figure and the key 2015-2017 persistence line, today at 1.3628.
As of writing the pair is up 0.04% at 1.3586 and a break above 1.3623 would wish for 1.4015 and ultimately 1.4747. On the other hand, the immediate support aligns at 1.3450 seconded by 1.3427 and then 1.3200.
FOREX market analysis by FxErvin.