FxWirePro
Short

GBP/USD 2015 Medium term Outlook

FX:GBPUSD   British Pound/U.S. Dollar
230 0 1
GBP/USD             retreated till 1.5485 in 2014 after making high of 1.71905. The medium term trend is bearish as long as resistance 1.6200 holds.
On the upside break of 1.6200 would extend gain to 1.6337/1.6538 in short term.
The major support is around 1.5480 and any break below will target 1.50/1.4815.
The minor resistance are R1-1.5825, R2 1.6030, R3-1.6200

Indicators (Weekly chart)
CCI (50) – Sell
CCI (14) – Sell
Ichimoku- Sell

Recommendation: Sell GBP/USD             around 1.5650, SL 1.5825, Targets 1.500/1.4815.


United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out