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alexander.gorodynsky
Nov 3, 2015 9:02 AM

GBPUSD 

British Pound/U.S. DollarFXCM

Description

pivot point is at 1.54.

Our preference: Buy above 1.54 with targets 1.545 and 1.55 points.

Alternative scenario: A break-down level of 1.54 will open the way to 1.5375 and 1.5345.

Analysis: Support is located at 1.54, allowed asset to strengthen its position for a while.

Support and resistance levels:
1,553 **
1.55 **
1.545 ***
The closing price of 1.5428
1.5405 ***
1.5375 ***
1.5345 *
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