Conditions that occur on the Korean peninsula is getting tense. After the US sent its carrier to the Korean Peninsula to threaten North Korea that the US will attack North Korea if it continues to conduct missile tests. Even the message of America's that Americans do not mess with the threat is getting stronger with the launch 59 Tomahawk by American air base to Syria at the behest of Trump as a reaction against the Syrian government chemical bombs on people. Plus, for the first time, Americans also bombed terrorist bomb Afghanistan with its largest, with the intention of destroying bunkers ISIS terrorists.
US attacks to several countries at the behest of the US President, Donald Trump, making financial markets ketar ketir. Wall Street stock market fell three days in a row. The geopolitical situation unstable and compounded the financial statements of US banks below market expectations make bank shares slipped, prompting investors to secure the portfolio and risk assets and US dollar currency their US government bonds and switched to Yen and Gold as Safe Havens. This investment switchover action makes the US dollar also weakened against the pound sterling. All these things will affect the movement of GBPUSD is moving sideways tends to rise even though the currency markets UK, Italy, Germany and France closed today for a holiday.
Technically, GBPUSD is expected to move sideways today in the range of 1.2515-1.2555 level and magnitude of movement there is a range of 1.2480-1.2575 level.GBPUSD highest position is the level of 1.2534 and lows are le vel 1.2497.
PIVOT LEVEL GBPUSD:R3: 1.2589R2: 1.2555R1: 1.2541PIVOT: 1.2520S1: 1.2506S2: 1.2486S3: 1.2451
Author: Lien Doe Zhang / BB Pin D50D4649
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