KENJICHEN

0307-GBPUSD Analysis

Long
FX:GBPUSD   British Pound / U.S. Dollar

GBPUSD
Pound hit 1.31 previous day and got support on this pivotal price, especially pound got second confirmation at 1.3120 yesterday.

In addition, if ECB release negative signal to EU, then GBP may benefit from it, therefore, I recommend long GBPUSD for anticipating pound can push up to test 1.32 resistance or more to 1.3226.

Buy limit around at 1.3154 or waiting reversal horizon.

Support: 1.3100 / 1.3120 / 1.3154

Resistance: 1.3196 / 1.3226
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