Major Trading Levels for GBP Pairs – BOE In Focus! - Forex News by FX Leaders
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Major Trading Levels for GBP Pairs – BOE In Focus!

Posted Thursday, November 7, 2019 by
Arslan Butt • 1 min read

The BOE is highly anticipated to keep the interest rates on hold at 0.75% vs. 0.75% beforehand. While the MPC official bank voting also remains steady at 0-0-9. Sterling may remain supported over the release of the news. Watch out key trading levels…

 

 GBP/USD – Technical Levels

Support Resistance
1.2832 1.2886
1.2812 1.2918
1.2758 1.2971
Key Trading Level: 1.2865

 EUR/GBP – Technical Levels

Support Resistance
0.8597 0.8619
0.8585 0.8629
0.8563 0.8652
Key Trading Level: 0.8607

 GBP/JPY – Technical Levels

Support Resistance
139.77 140.48
139.46 140.9
138.74 141.62
Key Trading Level: 140.18

 GBP/CHF – Technical Levels

Support Resistance
1.2737 1.2794
1.2713 1.2827
1.2656 1.2884
Key Trading Level: 1.277

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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