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Long

GBP/USD pares its gains in Asian session,good to buy at declines

FX:GBPUSD   British Pound / U.S. Dollar
281 0 2
GBP/USD             has slightly retreated after making high of 1.5520. Overall trend is bullish as long as support 1.5349 holds.

GBP/USD             has broken major resistance 1.5500 after Conservative party is set to win 316 seats in the total 650 seats .

On the downside any break below 1.5350 will drag the pair further down till 1.5300/1.5260.

It is good to buy around 1.5450 with stop around 1.5348 for that target of 1.5740.
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