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.