GBP USD Remained at several week high in Forex market
3/27/2017 11:01:51 AM
According Forex market activities, the GBP/USD pair expanded its upbeat momentum on Monday, now flirting with fresh five-week highs got near 1.2533 walking into a big week ahead.
A break above 1.2555 would reveal 1.2571, above which the spot may test supply around 1.2675. On the other hand, a failure of support at 1.2497 could cause a sell-off to 1.2422 and 1.2403.
FOREX market analysis by FxErvin.