GBPUSD Movement
For the 24 hours to 23:00 GMT, GBP rose 0.19% against the USD, on Friday, and closed at 1.6068.
In the UK, the manufacturing purchasing manager index (PMI) declined to 51.3 points in June, in comparison with 52.0 points in May.
The pair opened the Asian session at 1.6066, and is trading at 1.6073 at 3.00GMT. The pair is trading 0.03% higher from Friday’s close at 23:00 GMT.
The pair has its first short term resistance at 1.6117, followed by the next resistance at 1.6160. The first support is at 1.6009, with the subsequent support at 1.5944.
The currency pair is trading just above its 20 Hr and its 50 Hr moving averages.
