GBP USD trying out daily high
2/2/2017 9:47:56 AM
According FOREX market, the sterling is profiting from the positive sentiment nearby the risk-related space, with GBP/USD testing daily highs near 1.2715 the figure.
As mentioned above the pair is achieving 0.11% at 1.2677 facing the next hurdle at 1.2683 followed by 1.2733 and ultimately 1.2777. On the other hand, a breakdown of 1.2540 would open the door to 1.2475 and ultimately 1.2415.
FOREX market analysis by FxErvin.