FxWirePro
Long

GBP/USD takes support near Kijun-sen, good to buy at declines

FX:GBPUSD   Pound Sterling/U.S. Dollar
139 0 0
•RES4: 1.5585 ( 38.2% retracement of 1.7166 and 1.45648)

•RES3: 1.55512 (Feb 26th high)

•RES2: 1.54399 ( 88.6% retracement of 1.5512 and 1.4564)

•RES1: 1.5397 (Tenken sen)

PRICE: 1.535@ 05:53 GMT            

•SUP 1: 1.5300 (Kijun-Sen)

•SUP 2: 1.5260 (Resistance turned into support)

•SUP 3:1.5160 (23.6% retracement of 1.45648 and 1.5345)

•SUP4: 1.5100


GBP/USD             has formed double top around 1.5500 and retreated from that level. This confirms it has formed temporary top around 1.5500 and any further bullishness only above that level.

On the upside major support is around 1.5250. Any break below will take the pair till 1.5160.

It is good to buy at dips around 1.5320 for the target of 1.5480 with stop around 1.5245.




United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out