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GBPUSD analysis 20 April 2017

GBPUSD analysis 20 April 2017


The pair could not keep rising during yesterday after the announcement of May about the elections so it supports the negotiations with the euro zone about the Brexit.

Also the rise of the dollar made the pair decline

Today Mark Carne will give a speech in the US


If the pair stays down of 1.2775 it may keep falling to 1.2675 and then 1.2603

If it breaks 1.2775 it may rise to 1.2900 and then 1.2980