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Add as a preferred source on Google 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…
By FxWire Pro Mar 18, 2016, 11:48 AM UTC
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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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