GBP/USD Review, May 19, 2022 | worldforex
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GBP/USD Review, May 19, 2022
19 May 2022

 

\WF\19.05.22\gbp 19.05.22.png

The currency pair plunged on Wednesday and broke down 1.2378. GBP/USD stays below this level at press time.

Closest support areas: 1.2312, 1.2255, 1.2175

Closest resistance areas: 1.2427, 1.2472, 1.2538

Macroeconomic data

GBP

CBI Industrial Order Expectations

USD

Philly Fed Manufacturing Index

Unemployment Claims

Existing Home Sales

CB Leading Index m/m

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