Gbp/usd 23/7/8
GBP/USD 23/7/8
1) Short-term Intraday analysis.
False brake yesterday did not confirm upward trend. We see strong support-resistance level here at 1.9930-1.9950. Today’s trading range is within 1.99-1.998. Any confirmed price movements out of this border may be considered as a new trend movements.
Intraday sentiment: neutral
2) Weekly perspective.
GBP was not able to retain prices above 2.004 and slipped down to its support level at 1.9920. We are waiting for a confirmed closing below 1.99 for today to consider downward movement. First support level is between 1.997-1.999
Intraday sentiment: neutral
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