- RES 4: 1.5061 (78.6% retracement of 1.5163 and 1.4687)
- RES 3: 1.49937 (Mar 26th high)
- RES 2: 1.4920 (Mar 27th high)
- RES 1: 1.4866 (200 day HMA)
PRICE: 1.4840@ 07:12 GMT
- SUP 1: 1.4830 (20 day HMA)
- SUP 2: 1.4794 (61.8% retracement of 1.4751 and 1.4870)
- SUP 3:1.46872 (Mar 19th low)
- SUP 4: 1.4634 (Mar 18th low)
Intraday trend -Bearish
GBP/USD is trading around 1.48409 after making a short term low of 1. term trend is bearish as long as resistance 1.4900 holds.
It is good to sell on rallies around 1.4840 for the target of 1.4650.


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