GBP USD going toward weakening
7/5/2017 3:19:55 PM
Among continuing risk-off Forex market profile, the GBP/USD expands its withdrawal from near 1.2953 levels, with the bulls turning cautious ahead of the UK services PMI release.
To the upside, the immediate persistence is the 1.2951 followed 1.2969 and then 1.3032. On the downside, support could be placed at 1.2908, 1.2861 and 1.2818.
FOREX market analysis by FxErvin.