GBP USD nearly unmoved
4/5/2017 1:12:20 PM
The sterling stays nearly unmoved against the dollar on Wednesday in Forex market, taking GBP/USD to the 1.2453 area ahead of the opening bell in Euro land.
As of writing the pair is up 0.05% at 1.2446 facing the next obstacle at 1.2557 followed by 1.2603 and ultimately 1.2560. On the other hand, a breakdown of 1.2397 would reveal 1.2377 and then 1.2363.
FOREX market analysis by FxErvin.