GBPUSD Daily Forex forecast – 2 April 2020

Is today the day we get to see the clear direction of the GBPUSD?

Here is a look at our GBPUSD daily forecasts for today, 2 April 2020.

Directional bias.

GBPUSD forecast 2 april 2020

Current price is at 1.24232 it is showing signs of going north to resistance level R61 1.2769 and beyond.

Alternative scenario

There is a high likelihood of a drop to the weekly pivot level of 1.2128

Final thoughts.

Liquidity is thinning and you should expect dirty, spiky trading until the end of the lockdowns as a result of the COVID-19 virus.

Forex brokers are cutting down leverage while widening their spreads due to the market conditions, so stay alert and trade with caution.

COVID-19 is real, be safe. Trade safe and follow your rules.

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