Saturday 6 February 2016

GBP/USD rate dropped to the closing of US trading

The British pound fell against the dollar on Friday.

By the end of the American session, GBP/USD is trading at 1.4503, shedding 0.58%.

I believe that the support is now located at the level of 1.4224, Monday's low, and resistance is likely to make the level of 1.4670 - maximum of Thursday.

Meanwhile, the British Pound was down against the Euro and the Japanese yen. The pair EUR/GBP, gaining 0.07%, reached the level of 0.7690, and the GBP/JPY, dropping 0.61%, reached 169.31.


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