Overall, GBP/USD is trending downwards. Recently, GBP/USD trended higher, breaking the resistance level of 1.22745.
Last Friday, U.K. Prime Minister Boris Johnson was tested positive for coronavirus and is currently under self-isolation and working from home.
Currently, GBP/USD is bouncing upwards from the key level of 1.24. Its next support level is at 1.22745 and the next resistance level is at 1.25500.
Look for short-term buying opportunities of GBP/USD.
Last Friday, U.K. Prime Minister Boris Johnson was tested positive for coronavirus and is currently under self-isolation and working from home.
Currently, GBP/USD is bouncing upwards from the key level of 1.24. Its next support level is at 1.22745 and the next resistance level is at 1.25500.
Look for short-term buying opportunities of GBP/USD.