- RES 4:1.5487 (38.2% retracement of 1.5698 and 1.5350)
- RES 3: 1.5400 (200 day HMA)
- RES2: 1.5305 (Cloud bottom)
- RES1: 1. 5250 (trend line resistance)
PRICE: 1.5238@ 10:55 GMT
- SUP 1: 1.5190 (50% retracement of 1.4564 and 1.5813)
- SUP2 : 1.5160 (May 7th low)
- SUP3: 1.5085 (May 5th low)
- SUP4: 1.5026 (61.8% retracement of 1.4564 and 1.5813)
GBP/USD has broken trend line resistance 1.5250 and any break above would extend gains till 1.5305./1.5350.
On the downside minor support is around 1.5160 and any break below will drag the pair further down till 1.5080/1.5000.
It is good to buy at dips around 1.5220 with SL around 1.5160 for the TP 1.5305/1.5350.


FxWirePro -Major European Indices
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
FxWirePro: USD/ZAR edges lower ,investors remain on edge
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro- Major Crypto levels and bias summary
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: EUR/NZD remains under pressure as key support gives way
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target 



