GBP/USD struggle for the resistance level after PMI data

GBP/USD forecast: Pound pounds, struggling to wipe the resistance level after PMI data
GBP/USD falls to the 1.3400 region in the European session on Thursday after finishing the first three days of the week. Technical expectations of the husband highlight the loss of upward momentum, as the market concentration turns into the purchasing manager index (PMI) Data data from the United States.
Data from the United Kingdom on Thursday showed that economic activity in the private sector was contracted at a softening pace in May than in April, with the S& P Global Composite managers to 49.4 out of 48.5. Read more …
GBP/USD Bullish PRICE Trade [Video]
In this foreign currency trading video, we cover the entry, and get out of our trade reasons today on the GBP/USD and how you can trade the Forex structure on the daily, fourth, hour and 15 -minute charts and how you can target the following support/resistance. In the past few videos, we have covered the steps to find the structure and trade. In this video, you will learn how to circulate GBP/USD today using commercial graphics and price procedures. Read more …