GBP/USD Weekly Analysis – Sunday, April 15

GBP/USD is facing 1.4345 resistance. A breakout of this level would indicate that the uptrend from 1.1946 (Oct 7, 2016 low) has resumed, then next target would be at 1.5000 area.

Support levels are at 1.3950 and 1.3711, only a break below these levels could signal completion of the uptrend.

Print Friendly, PDF & Email
No tags for this post.

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *