Yesterday, The GbpUsd
closed in a neutral small candle pattern, as it was a taking profit session, after the strong bullish
rally that followed the UK unemployment report. The trend remains bullish
with 1.55085 as an objective, which breaching will propel the cable to 1.55843, with 1.55334 as a primary objective.
There will be an inversion towards 1.53830, should the cable breakout 1.54157, with 1.5393 as a primary objective.
The daily Pivot Point
is around 1.54580. The daily support levels are around 1.54074 and 1.53652. The daily resistance levels are around 1.55 and 1.55508.