FxWirePro
Short

GBP/USD Daily Outlook

FX:GBPUSD   British Pound / U.S. Dollar
171 views
1
171 0
GBP/USD has retreated after making a high of 1.5350 and overall trend is bearish as long resistance 1.5350 holds.

On the upside minor resistance is around 1.5280 and any break of will target 1.5320/1.5351.

The pair’s short term support is around 1.5200 and break below will take the pair to 1.5160/1.5120.

Indicators (4 hour chart)
CCI (50) - Sell
CCI (14)- Sell
Ichimoku- Sell

Recommendation: Sell GBP/USD around 1.5280-85, SL 1.5351, Targets 1.5162/1.5121.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out