Invezted

Gbp/Usd Roadmap for 01.07.15

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
90 0 3
Context:

Price stays within its range of support 56750 and resistance at 57650
we currently rejeceted support and broke the suppyline , a higher low is in the making
which could lead us back to the resistance at 57650 , however it has to tackle the mean
at 57200 first , a breakdwon will result in a decline towards 55600

Signs of strength:
support holds
broken supplyline

Signs Of weakness:
resistance holds

Support:
56750

Resistance:
57200
57650

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