•RES 4: 1.5165
•RES 3: 1.5000
•RES 2: 1.4936 (61.8% retracement of 1.5165 and 1.4564)
• RES 1: 1.4880 (61.8% retracement of 1.4975 and 1.4565)
PRICE: 1.4825@ 08:31 GMT
•SUP 1: 1.4780 (200 day HMA)
•SUP 2: 1.4732 (Cloud top)
•SUP 3:1.4683 (Cloud bottom)
•SUP 4: 1.4565 (Apr 13th low)
GBP/USD has recovered till 1.4880 after making a low of 1.5640. It is facing resistance around 1.4936 and slight intraday trend reversal can happen only above that level. It is good to sell around 1.4880 with stop around 1.4936 for the target of 1.4650.
•RES 3: 1.5000
•RES 2: 1.4936 (61.8% retracement of 1.5165 and 1.4564)
• RES 1: 1.4880 (61.8% retracement of 1.4975 and 1.4565)
PRICE: 1.4825@ 08:31 GMT
•SUP 1: 1.4780 (200 day HMA)
•SUP 2: 1.4732 (Cloud top)
•SUP 3:1.4683 (Cloud bottom)
•SUP 4: 1.4565 (Apr 13th low)
GBP/USD has recovered till 1.4880 after making a low of 1.5640. It is facing resistance around 1.4936 and slight intraday trend reversal can happen only above that level. It is good to sell around 1.4880 with stop around 1.4936 for the target of 1.4650.