GBP/USD Forecast. Dollar Tested New Lows

rub-l12GBP/USD Attempts To Settle Above The Resistance At 1.3620 – 1.3640

GBP/USD is moving higher as traders focus on the UK Construction PMI report. The report showed that Construction PMI increased from 46.6 in April to 47.9 in May, compared to analyst forecast of 47.2.

A successful test of the resistance at 1.3620 – 1.3640 will push GBP/USD towards the next resistance level at 1.3735 – 1.3750.

GBP/USD

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