- U.S.-China Trade Tariff takes effect
- GBP/USD testing support level
Price Movement
Since yesterday, GBP/USD has been moving indecisively within a 70pips range.
Trend
GBP/USD is ranging across.
Important Issue
Concluding the first day of the U.S.-China trade talks, the U.S. proceeds with the tariffs hike on billions of good imported from China.
Technical
GBP/USD is testing the support level of 1.29990.
Price Levels
Current Price: 1.30035
Next Resistance: 1.31675
Next Support: 1.29990