FX:GBPUSD   British Pound / U.S. Dollar
27
the pivot point is at the level of 1,5125.

Our preference: SELL below with targets 1,5125 1,502 points and 1,4975.

Alternative scenario: an upside Breakout of the 1,5125 level will open the way to 1,522 and 1,5275.

Comment: the RSI broke below a rising trend line.

The levels of support and resistance:
1,5275 **
1,522 **
1,5125 **
1,5106 closing Price
1,502 ***
1,4975 ***
1,487 **

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.