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GBP/USD faces minor resistance around 1.4350, break above targets 1.4420/1.4480

  • Minor resistance - 1.4350 (trend line joining 1.45156 and 1.43937)
     
  • Minor support   - 1.4300
     
  • The pair has made a high of 1.43937 and declined from that level. It is currently trading around 1.4339.
     
  • On the higher side any break above 1.4350 will take the pair till 1.4420/1.4485.
     
  • Any break below 1.4300 will drag the pair to next level 1.4240/1.4180.

It is good to buy above 1.43500 with SL around 1.4300 for the TP of 1.4415/1.4480

 

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