Cable faces resistance at1.5355, break above target 1.5450

FX:GBPUSD   British Pound / U.S. Dollar
593 0 13
GBP/USD             has made a low of 1.53057 and slightly recovered from that level. It is currently trading at 1.5335.

The pair is facing trend line resistance around 1.5355 ( trend line joining 1.55067 and 1.54190) and break above confirms minor bullishness, a jump till 1.5400/1.5435 is possible.

On the downside major support is around 1.5280 and any further weakness can be seen below that level. Break below 1.5280 will drag the pair till 1.5240/1.5200.

It is good to buy only above 1.53550 with SL around 1.5300 for the TP of 1.5430/1.5450
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out