FxWirePro: GBP/USD maintains bullish bias with focus on 1.4400 levels
GBP/USD rose on Friday, as traders tried to assess whether the killing of a pro-EU British lawmaker may change the balance of opinions in Britain's upcoming referendum on European Union membership. Short term buying for …
GBP/USD rose on Friday, as traders tried to assess whether the killing of a pro-EU British lawmaker may change the balance of opinions in Britain's upcoming referendum on European Union membership.
Short term buying for this pair is set to continue as death of UK lawmaker on Thursday has thrown next week's referendum on European Union membership into limbo.
To the upside, the strong resistance can be seen at 1.4400, a break above this level would expose the cable to next resistance level at 1.4458.
To the downside, immediate support can be seen at 1.4305 a break below at this level will open the door towards next level at 1.4236.
