GBP/USD Review, May 16, 2022 | worldforex
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GBP/USD Review, May 16, 2022
16 May 2022

 

\WF\15.05.22\gbp 16.05.22.png

The currency pair fluctuated in a range on Friday. GBP/USD stays above 1.2175 at press time.

Closest support areas: 1.2175, 1.2102, 1.2024

Closest resistance areas: 1.2255, 1.2312, 1.2378

Macroeconomic data

GBP

Rightmove HPI m/m

CB Leading Index m/m

Monetary Policy Report Hearings

USD

Empire State Manufacturing Index

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