FX:GBPUSD   British Pound/U.S. Dollar
152 2 7
GBP/USD             break below 1.4130 targets minor support at 1.4110. If we continue lower look for the next target and support at 1.4065/61. We are severely oversold short term, but longs look risky and would need stops below 1.4030. Further losses target 1.3990 and 1.3965/60.
Trend line resistance at 1.4195/99 but above here 1.4210 targets minor resistance at 1.4240. If we continue higher look for strong resistance at 1.4270/80.
Comment: Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 1.4069 1.4080 1.4097 1.4108 1.4125 1.4136 1.4153
Fibonacci 1.4080 1.4091 1.4097 1.4108 1.4119 1.4125 1.4136
Camarilla 1.4107 1.4110 1.4112 1.4108 1.4118 1.4120 1.4123
Woodie's 1.4073 1.4082 1.4101 1.4110 1.4129 1.4138 1.4157
DeMark's - - 1.4089 1.4104 1.4117 -
Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 1.4069 1.4080 1.4097 1.4108 1.4125 1.4136 1.4153
Fibonacci 1.4080 1.4091 1.4097 1.4108 1.4119 1.4125 1.4136
Camarilla 1.4107 1.4110 1.4112 1.4108 1.4118 1.4120 1.4123
Woodie's 1.4073 1.4082 1.4101 1.4110 1.4129 1.4138 1.4157
DeMark's - - 1.4089 1.4104 1.4117 -
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Another flop.
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