Weekly GBP/USD Forecast 15-Oct to 19-Oct 2018

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Weekly GBP/USD Forecast 15-Oct to 19-Oct

• Forex Trading Alerts The stock fell and the
  worlds most popular currency pair remained
  relatively stable for most of the time. Weak
  American inflation figures have already reduced
  the U.S. dollar and the pair has sent more. In
  Euro-zone, Germanys trade balance and industrial
  production defeated hopes. Italy remained in the
  headlines but the Euro managed to shut it down
  compared to the previous weeks.

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• GBPUSD Technical Analysis Previous Support and
  Resistance Level
• 1. In July 1.3375 was a high point. After this,
  there was a high point and psychologically
  significant round number in September 1.3300.
• 2. Before the EU Summit on Braxtil, in
  mid-October, there was 1.3255 high point. The
  round number of 1.3100 supported the first pair
  in September.
• 3. 1.3045 supported in September and captured the
  pair in early August After supporting the pair at
  the end of September, the round number of 1.3000
  is important.
• 4. At the beginning of October, there was 1.2920
  low point. There were 1.2850 different categories
  in the last days of August and the first days of
  September.

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• 5. Further down, 1.2790 served as support from
  late August and also earlier in the form of
  support. When the pair was on the previous leg,
  1.2750 kept the pair down.
• 6. The current 2018 deficit is at the next level
  at 1.2660. In September 2017, there were 1.2590
  swings lower.
• 7. Even less, 1.25 is a round number and at the
  beginning of 2017 also worked as support.

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