FxWirePro
Short

Cables trades below 1.5500, targets 1.5400

FX:GBPUSD   British Pound / U.S. Dollar
371 0 4
GBP/USD             has recovered from yesterday’s low of 1.54657 and jumped till 1.5543 in Asian session.

Overall trend is still weak as long as resistance 1.5550 (20 day 4HMA) holds. Any intraday bullishness only above 1.5550. Break above would extend gains till 1.5580/1.5630 in short term.

The pair’s minor resistance is around 1.5525 and break will take the pair till 1.5550.

On the downside minor support is around 1.5480 and break below will target 1.5455/1.5380 in short term.

It is good to sell on rallies around 1.5495 with SL around 1.5530 for the TP of 1.5450/1.5390
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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