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GBP/USD faces minor resistance at 1.4490, break above targets 1.4580/1.4600

Minor resistance - 1.4490 (trend line joining 1.4580 and 1.45154) Minor support - 1.4420 (trend line joining 1.4149 and 1.4350) The pair is facing strong resistance around 1.4490 and break below confirms minor trend reve…

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GBP/USD faces minor resistance at 1.4490, break above targets 1.4580/1.4600
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  • Minor resistance - 1.4490 (trend line joining 1.4580 and 1.45154)
     
  • Minor support - 1.4420 (trend line joining 1.4149 and 1.4350)
     
  • The pair is facing strong resistance around 1.4490 and break below confirms minor trend reversal, a jump till 1.4580/1.4600 is possible.
     
  • On the lower side support is around 1.4420 and break below targets 1.4380/1. minor support is around 1.4450.
     
  • Short term weakness only below 1.4320.

It is good to buy above 1.4490 with SL around 1.4445 for the TP of 1.4580/1.4600

 

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