23.04.2019 Chart of the Day – Both bulls and bears trying to control GBP/USD
Both bulls and bears trying to control GBP/USD
Today’s Key Highlights
The British Pound declined steadily recently below the 1.3080 support against the US Dollar.
GBP/USD traded below a major bullish trend line with support at 1.3070 on the daily chart.
The US Existing Home Sales in March 2019 declined 4.9% (MoM), more than the -2.3% forecast.
The US Housing Price Index in Feb 2019 could rise 0.3% (MoM), less than the last +0.6%.