FxWirePro
Long

GBP/USD Daily Outlook

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
412 3 3
GBP/USD             has formed Bullish divergence in daily chart and this confirms short term bounce back till 1.5100 cannot be ruled out.

GBP/USD             has broken major support 1.4950 (Jan 23rd 2015 low) and declined till 1.4891. Any break below 1.4890 will drag the pair further down till 1.48124 (2013 low).

On the upside pair’s minor resistance is around 1.4985 and nay break above will target 1.5045/1.5100.

Short term bullishness only above 1.5150 level.

Recommendation: Buy GBP/USD             around 1.4950, SL 1.4880, Target 1.5045/1.5095.
Will watch for 15 min setups now....we are short Dollar Yen.......but looking to get long PD Dolla....goodluck!
Reply
Agreed also off a nice harmonic Pattern
Reply
FxWirePro PRO imarketslive
Thank you
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out