GBP/USD Outlook (11th June 2019)

• GBP/USD broke key level
  

Price Movement
Since yesterday, GBP/USD moved down by around 50pips before moving back up by around 25pips.

Trend
Overall, GBP/USD is ranging across.

Important Issue
None.

Technical
Yesterday, GBP/USD broke the 1.27 key level.

Price Levels
Current Price: 1.26780
Next Resistance: 1.27431
Next Support: 1.25622