GBP/USD Trade idea

• Minor resistance - 1.4350 (trend line joining 1.45156 and 1.43937)
  
  
• Major support   - 1.4240
  
  
• The pair has declined till 1.42647 at the time of writing after making a high of 1.43375 today. It is currently trading around 1.43100.
  
  
• On the higher side any break above 1.4350 will take the pair till 1.4420/1.4485.
  
  
• The pair is facing strong support around 1.4240 and any break below 1.4240 will drag the pair to next level 1.4180/1.4140.

It is good sell on rallies around 1.43500 with SL around 1.4405 for the TP of 1.4250/1.4180

R1-1.43500

 R2-1.4405

R3-1.4450

Support

S1-1.4240

S2- 1.4180

S3-1.4140