Technical analysis of GBP/USD for November 28, 2016

Overview: The GBP/USD pair on November 28, 2016. The market opened below the weekly resistance 2 (1.2553) yesterday. The GBP/USD pair continued to move downwards from the level of 1.2530 to the bottom around 1.2494. Today, the first resistance level is seen at 1.2553 followed by 1.2610, while daily support 1 is set at 1.2470. […]