ACTIV8X

GbpUsd: Blueprint 1.

FX:GBPUSD   British Pound/U.S. Dollar
36 0 1
The GbpUsd             was able to visit the critical 1.54433 level, last Friday. The GbpUsd             tried to breakout the 1.54433 level but failed around its Major Trend Line in Blue. Only a breakout of the 1.55047 level, will lead to the instauration of a new major bullish trend cannot be done unless two tops are formed, with the second having a higher top than the one before. The cable will head south again towards 1.543595, should it fail to breakout its Major Trend line. It will have 1.5464 as a resistance.

Breaking out the Major Trend Line in blue, will send the cable to seeking 1.55047, with 1.5474 as a primary objective.

The daily Pivot Point is around 1.53986. The daily support levels are around 1.53295 and 1.52377. The daily resistance levels are around 1.54904 and 1.55595.

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