FxWirePro
Long

GBP/USD Short term outlook

FX:GBPUSD   British Pound/U.S. Dollar
299 0 1
GBP/USD             is trading near major resistance 1.5200 and pullback till 1.5270-300 cannot be ruled out.
I
ntraday trend reversal can happen only below 1.5120-30 ( Ichimoku cloud top) and break below ill target 1.5080/1.5000.

On the upside any break of 1.5270 will take the pair to 1.5367/1.5402. It has formed short term bottom around 1.4950 and further decline in GBP/USD             will happen only below 1.4950.

Indicators (4 Hour chart)
CCI (50) - Buy
CCI (14) - Buy
Ichimoku- Buy

Recommendation: Buy GBP/USD             around 1.5180, SL 1.5100, Targets 1.5270/1.5315.

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out