GBP USD lost ground to mid range
6/8/2017 1:57:21 PM
During Forex market, the pound is now alleviating some ground against the dollar ahead of the European open on Thursday, taking GBP/USD to the lower end of the range near 1.2947.
As mentioned above the pair is losing 0.031% at 1.2957 facing the immediate support at 1.2918 followed by 1.2843 and ultimately 1.2770. On the other hand, a breakout of 1.2972 would wish for 1.3015 and then 1.3056.
FOREX market analysis by FxErvin.