GBPUSD decreased to lows according to US market
10/26/2017 9:37:13 AM
After a first small increase to 1.3281 level in Forex market, 5-day tops, the GBPUSD pair met with some fresh supply and has now floated into negative territory.
At the time of writing, the pair was located at session lows, around 1.3232 area, with technical confluence indicator classifying immediate support near the 1.3200 area and then 1.3174 level. On the advantage, 1.3242 level is seen as immediate persistence, above which the up-move could get expanded towards the 1.3303 handle on the way1.3325 persistence.
FOREX market analysis by FxErvin.