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FxWirePro: GBP/USD faces major support around 1.4350, good to buy at dips

Major support – 1.4350 Major resistance – 1.4500 GBP/USD has broken major resistance 1.4400 and jumped till 1.45032. It is currently trading around 1.44427. Intraday trend is slightly bullish as long as support 1.4350 ho…

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  • Major support – 1.4350
     
  • Major resistance – 1.4500
     
  • GBP/USD has broken major resistance 1.4400 and jumped till 1.45032. It is currently trading around 1.44427.
     
  • Intraday trend is slightly bullish as long as support 1.4350 holds. Any break below 1.4350 will take the pair to next level 1.4280/1.4225.
     
  • On the higher side major resistance is around 1.4500 and break above targets 1.4580/1.4600/1.4660.
     
  • The minor support is around 1.4400.                                                                     

It is good to buy at dips around 1.4400 with SL around 1.4360 for the TP of 1.4500/1.4580
 

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