LeoPrime Daily Market Analysis

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GBPUSD : Forecast


GBPUSD first line to watch is 1.2605 which was a low point early in the week. The fresh four-month low of 1.2580 is critical support. 1.255 Lower, 1.2530 provided support back in December 2018 and 1.2445 is the 2019 low. Looking up, 1.2640 capped cable earlier this week. The round number of 1.2700 limited a recovery attempt beforehand, and 1.2750 was a swing high early in the week.

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