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GBPUSD analysis 19 April 2017

GBPUSD analysis 19 April 2017


The pound made yesterday his best performance in 3 months and recorded its highest level in 6 months and half after the support gained of May's announcement about making the elections in next July.

This election may give support to May during the Brexit


Staying above 1.2775 may push the pair to 1.2915 and then 1.3050

In contrast falling down of 1.2775 may decline to 1.2675 and then to 1.2606 and 1.2600