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- GBP/USD rebounds today after hitting low of 1.3450 at the time of writing. The pair jumped till 1.35245 from the intraday low and is currently trading around 1.35283.
- The pair on the higher side is facing major resistance around 1.3660 and any break above will take the pair to next level to 1.3700/1.3800 level.
- The near term psychological support is around 1.3500 and any break below will drag the pair down till 1.34500/1.3400. Any break below 1.3400 (233- HMA) will confirm minor bearishness.
It is good to buy on dips 1.3460-65 with SL around 1.3400 for the TP of 1.3660.
