GBP/USD Outlook (11 December 2019)
2019-12-11 14:44:42
Overall, GBP/USD is trending upwards. Recently, GBP/USD trended lower after YouGov’s seat estimates for the Conservative Party fell and the seat estimates for the Labour Party rose.
GBP/USD’s next support level is at 1.29800 and the next resistance level is at 1.31700.
With the U.K. General Election taking place tomorrow and the U.S. FOMC at 0300 (SGT), stay out of GBP/USD for now.