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GBP - 23rd July 2019

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  • GBP - 23rd July 2019

    We have big GBP data ahead of us today. New Prime Minister of the UK is to be announced during morning hours of the London session.

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    GBP/USD H4 - As we can see GBP/USD is still inside the downtrend on H4. There are some light supports in the current area we are in. For some heavier supports, keep your eye on the 1.24200 and the 1.23800 area.

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    GBP Index 1D - As you can see on the GBP Index below we are currently trading below the main support area from DECEMBER 2019. As you can see from the chart below we have the near below 10 handle acting as support and just above the 10.30 handle acting as resistance.

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