FxWirePro
Long

GBP/USD is trading well above 1.5300,jump till 1.550 is possible

FX:GBPUSD   British Pound / U.S. Dollar
242 1 1
•RES4: 1.5585 ( 38.2% retracement of 1.7166 and 1.45648)

•RES3: 1.55512 (Feb 26th high)

•RES2: 1.54399 ( 88.6% retracement of 1.5512 and 1.4564)

•RES 1: 1.5350

PRICE: 1.5343@ 06:05 GMT            

•SUP 1: 1.5320 (20 day HMA )

•SUP 2: 1.5260 (Resistance turned into support)

•SUP 3:1.5160 (23.6% retracement of 1.45648 and 1.5345)

•SUP 4: 1.5100

GBP/USD             has broken major resistance 1.5260 and reached till 1.5345. Intraday trend is bullish as long as support 1.5250 holds.

On the upside major resistance is around 1.5350. Any break above will take the pair till 1.5440/1.5512.

It is good to buy at dips around 1.5300 for the target of 1.5440 with stop around 1.5250.


and go to north and all this crap will continue until all of us can't bear until you reach 5709 ma(200) D1 I think so !
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