GBPUSD Movement
For the 24 hours to 23:00 GMT, the GBP fell 0.32% against the USD and closed at 1.5827.
In the Asian session, at GMT0300, the pair is trading at 1.5775, with the GBP trading 0.33% lower from yesterday’s close.
The pair is expected to find support at 1.5722, and a fall through could take it to the next support level of 1.5670. The pair is expected to find its first resistance at 1.5869, and a rise through could take it to the next resistance level of 1.5964.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
