GBP/USD takes support around 1.46025, bullishness can be seen only above 1.4980
RES 4: 1.5000 RES 3: 1.4936 (61.8% retracement of 1.5165 and 1.4564) RES 2: 1.4880 RES 1: 1.4825 (61.8% retracement of 1.4975 and 1.4565) PRICE: 1.4745@ 06:02 GMT SUP 1: 1.4716 SUP 2: 1.4644 (Cloud bottom) SUP 3:1.4564 (…
RES 3: 1.4936 (61.8% retracement of 1.5165 and 1.4564)
RES 2: 1.4880
RES 1: 1.4825 (61.8% retracement of 1.4975 and 1.4565)
PRICE: 1.4745@ 06:02 GMT
SUP 1: 1.4716
SUP 2: 1.4644 (Cloud bottom)
SUP 3:1.4564 (Apr 13th low)
SUP 4: 1.44431 (138.2% retracement of 1.46430 and 1.5165)
GBP/USD has recovered after making a low of 1.5640. It is facing resistance around 1.4825 and slight intraday trend reversal can happen only above that level.
It is good to sell around 1.4820 with stop around 1.4936 for the target of 1.4650.