20:18 GBP / USD continues to trade below MA (200).
Since the beginning of the European session, the GBP/USD fell from $1.3000 to yesterday's low of $1.2955, but soon regained all the lost positions and rose to $1.3010. The pound is trading below the moving average line MA (200) H1 ($1.3090) and on the four-hour chart below MA (200) H4 ($1.3075).
⦁ Resistance levels are at: $1.3050, $1.3090-1.3125, $1.3210
⦁ Support levels are at: $1.2955, $1.2905, $1.2820
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|remaining time till the new event being published|
- Canada adds 952,900 new jobs in June; unemployment rate decreases to 12.3 percent
- U.S. PPI unexpectedly declines in June
- IEA raises 2020 oil demand forecast
- Key events for next week: UK GDP; US, UK and New Zealand consumer price index; Bank of Japan, Bank of Canada and ECB interest rate decision, Australia unemployment rate