The Pound-Dollar pair made a minor downwards correction in the last session, dropping 0.1%. The MACD is giving a positive signal. GBP/USD saw a minor dip of 0.1% in the last session. The MACD is currently in the positive zone. Resistance 1.2551 Support 1.2426
The last session saw the Euro drop 0.5% against the Dollar. The Stochastic indicator’s negative signal contradicts our overall technical analysis. The last session saw EUR drop 0.5% against USD. The Stochastic indicator is currently in the negative zone. Resistance 1.1028 Support 1.0898