GBP/USD faces intraday support at 1.5480, good to buy at dips

FX:GBPUSD   British Pound / U.S. Dollar
487 11 6
GBP/USD             has made a high of 1.5549 on Friday and declined till 1.5465. Intraday trend is bullish as long as support 1.5480 holds.

Any break below 1.5480 will drag the pair further down till 1.5450/1.5400 in short term.

The pair’s resistance is at 1.5550 and break above would extend gains till 1.5580/1.5630.

It is good to buy at 1.5508 with SL around 1.5475 for the TP of 1.5580/1.5630
Good job! Thank you
On the way..good work..!!
Good! it is consolidating for another long!

Considering the long term trend is down selling short at a point where price reached to resistance seems to be a good idea.
buy at 1.5080
FxWirePro shahinsafarovzevs
It is 1.5508
+1 Reply
yeah, smth not good with the entry point
FxWirePro BejeVladimir
i have changed it now
Dude some thing is wrong with your buying price.
FxWirePro TahirAli
S i have changed now
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