GBPUSD

GBPUSD parity also experienced a sharp decline parallel to EURUSD. EMA20, which we consider as an important support, was also lost.It is trading on the negative side. It may take a while to pull back to the 50-day average of 1.2405. Support: 1.2510 – 1.2405 Resistance: 1.2534 – 1.2599