
Check the key events for this week...
Check the key events for this week...
The pair is likely going to reach the closest resistance at 1.2885. If a pullback from this level happens next...
The moves of the main pairs
A lot of political uncertainties are driving the British pound down.
Considering the last 'Thorn' pattern, the pair is likely going to test the nearest resistance at 0.8860 - 0.8885...
GBP/JPY is testing levels below the support of the last 4 trading days at 139.50.
Check the moves of GBP/JPY, EUR/USD and USD/CAD.
The pair is likely going to achieve the nearest support at 139.42 - 138.13...
As the Brexit situation does not become any brighter, the British pound suffers, too.
Great Britain will release the level of CPI on May 22, at 11:30 MT time.
Find out the main drivers for this week
What currencies to consider this week…
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