FxWirePro
Short

Cable breaks minor support, decline till 1.4815 is possible

FX:GBPUSD   British Pound / U.S. Dollar
319 0 6
Major support -1.48750

GBP/USD             is consolidating in narrow range between 1.48755 and 1.4950 level for the past two trading session. The pair has currently broken that major support 1.4875 and declined till 1.48721 level.

Intraday trend is weak as long as resistance 1.4910 holds. Any break above 1.4910 will take the pair to new level 1.4950/1.5010 level.

On the lower side any break below 1.4875 will drag the pair till 1.4833/1.4812 (161.8% retracement of 1.48649 and 1.4950).

It is good to sell on rallies around 1.4800 with SL around 1.4910 for the TP of 1.4835/1.4815
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