GBPUSD Continue weakening in Forex market
10/6/2017 4:56:05 AM
The selling motion near the sterling is now pulling GBPUSD to fresh lows in sub-1.3105 levels on Friday.
As of writing the pair is receding 0.37% at 1.3064 fronting the immediate support at 1.3021 followed by 1.2848 and ultimately 1.2768. On the flip side, a breakout of 1.3133 would open the door to 1.3260 and ultimately 1.3311.
FOREX market analysis by FxErvin.