GBP USD came under pressure
3/29/2017 9:04:29 AM
According to forex market the GBP/USD pair has come under new selling pressure, and flickers just below 1.2403 handle.
Any technical levels appear somewhat out of work today though the short term momentum indicators are pointing lower, and back below 1.2423 could see a run towards 1.2348, probably a fair bit lower. On the topside, persistence will be seen at 1.2510 and at the session high of 1.2597, which lies just ahead of the major trend persistence at 1.2644.
FOREX market analysis by FxErvin.