FXStreet — The Sterling is in the second half of the week of positive traded and so does the GBP/USD trying the psych. To test brand of 1,3000.
GBP/USD focus on UK data
The Cable rises today, the second session in a row, so that yesterday’s decline was reversed to 1,2920, since the sale increases interest against the Greenback.
The on Wednesday released the FOMC meeting minutes had no sustainable recovery in the Dollar. The seller came into the market and the US Dollar Index gave up its daily gains.
Today, the focus is on the UK GDP for the 1. Quarter, business investment and services index. From the other side of the pond, there is the weekly unemployment benefits, wholesale trade of speech inventories, and the FOMC L. Brainard (permanent voters, centrist).
GBP/USD to test levels
Currently, the daily profit is 0.12% in the case of 1,2986 and the next Resistances lie at 1,3036 (High-23. May), 1,3051 (2017 High 18. May) and 1,3125 (High of 22. Sep. 2016). On the other hand, supports are located at 1,2924 (Deep 24. May), 1,2889 (Tief 18. May) and 1,2842 (Deep 12. May).
** FXStreet News Editorial, FXStreet**