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GBP/USD faces resistance at 1.5370, break above targets 1.5450

  • GBP/USD is facing strong trend line resistance around 1.5370 (trend line joining 1.5380 and 1.53659) and break above confirms short term trend reversal , a jump till 1.5450/1.5480 is possible .
     
  • On the downside minor intraday support is around 1.5330 and break below targets 1.5300/1.5260.
     
  • Short term trend reversal only below 1.5247.

It is good to buy only above 1.53700 with SL around 1.5330 for the TP of 1.5450

 

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