Market Conditions for GBPUSD as at Jul 03, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for British Pound/US Dollar
British Pound/US Dollar ProfileThe British Pound/US Dollar (GBP/USD) currency pair, also known as the Cable is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. GBP is the base currency and USD is the quote currency, meaning that 1 British Pound was worth 1.2481 US Dollar at the end of the New York trading session on Friday, 0.10% more than at the previous close.
Technical Analysis Summary for July 3, 2020
While still in a long-term downtrend, the short and medium-term trends both turned bullish already. Friday's trading range has been 55 pips (0.44%), that's far below the last trading month's daily average range of 123 pips. Buying could accelerate should prices move above the nearby swing high at 1.2530 where further buy stops might get triggered.
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