Daily Forex Signals: GBP/USD Continue to Slide from 1.3300
The GBP/USD is broadening its loses, it is trading at the 1.3000 level.
Worries about Brexit, a disillusioning GDP, and dangers to the administration weigh.
The specialized picture looks more bearish than it used to.
Fundamental Updates for GBP/USD
1.2980 was a venturing stone in transit up and changes to help. 1.1940 was the hole line around the turn of the month and fills in as a help line. 1.2840 is next down the line.
Looking into, 1.3100 was a swing low a week ago and changes to opposition. 1.3190 topped the combine before in the week and it is trailed by 1.3220 which was a swing high before on.
Technical Chart and Levels
1.2980 was a stepping stone on the way up and switches to support. 1.1940 was the gap line around the turn of the month and serves as a support line. 1.2840 is next down the line.
Looking up, 1.3100 was a swing low last week and switches to resistance. 1.3190 capped the pair earlier in the week and it is followed by 1.3220 which was a swing high earlier on.
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