Technical analysis of GBP/USD for April 27, 2020

Overview: Pivot: 1.2445. The GBP/USD pair fails to hold onto recovery gains amid fresh Coronavirus disease (COVID-19) concerns. The GBP/USD pair was moving downwards from the level of 1.2445. Last week, the pair dropped from the level of 1.2445 (this level of 1.2445 is coincided with the pivot point) to the bottom around 1.2245. The […]