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FX.co ★ GBP/USD price movement for May 19 2020.

GBP/USD price movement for May 19 2020.

GBP/USD price movement for May 19 2020.

Since the Cable touched the middle of the pitchfork line on the 4-hour chart, the pair declined below the liquidity void level. Now the GBP/USD pair is trying to go to the liquidity void at the 1.2125 as its target. This scenario will be canceled if the pair rises and closes above the 1.2242-1.2250 levels.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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