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GBP/USD faces strong resistance at 1.4460, break above targets 1.4515/1.4545

  • Major resistance – 1.4460
     
  • Major intraday support- 1.4400
     
  • The pair has retreated till 1.44025 at the time of writing after making a high of 1.44570. It is currently trading around 1.44504.
     
  • Intraday trend is slightly bullish as long as support 1.4400 holds.
     
  • Any violation below 1.4400 will drag the pair down till 1.4370/1.4320/1.4280 in short term.
     
  • On the higher any indicative break above 1.4460 will take the pair to next level till 1.45150/1.4545/1.4600.

It is good to buy above 1.4460 with SL around 1.4400 for the TP of 1.4515/1.4545/1.4580

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