Overall, GBP/USD is trending downwards. Yesterday, after the release of the positive British retail sales data, GBP/USD strengthened and tested the key level of 1.21 for the fourth time and had just broken upwards. The recent movement for GBP/USD is leaning towards an uptrend.
GBP/USD is currently moving towards the resistance level of 1.22000 and the next support level is 1.20000.
GBP/USD is currently moving towards the resistance level of 1.22000 and the next support level is 1.20000.