GBP is in a narrow range versus USD
5/4/2017 12:02:22 PM
The pound is posting peripheral gains on Thursday, now taking GBP/USD to the 1.2883 area ahead of UK’s Services PMI.
As of writing the pair is up 0.11% at 1.2884 and a breakout of 1.2957 would wish for 1.2973 and ultimately 1.3005. On the other hand, the immediate support line up at 1.2860 followed by 1.2760 and ultimately 1.2730.
FOREX market analysis by FxErvin.