- RES4: 1.5585 (38.2% retracement of 1.7166 and 1.45648)
- RES3: 1.55512 (Feb 26th high)
- RES2:1.5358 (61.8% retracement of 1.5497 and 1.5133)
- RES1: 1.5254 (Kijun-Sen)
PRICE: 1.5156@ 05:52 GMT
- SUP 1: 1.5106 (Bollinger lower band)
- SUP 2: 1.5030 (Tenken-Sen)
- SUP 3:1.54920 (61.8% retracement of 1.45648 and 1.5497)
- SUP4: 1.54855 (Apr 21st low)
GBP/USD has formed double top around 1.5500 and retreated from that level. This confirms it has formed temporary top around 1.5500 and any further bullishness only above that level.
On the upside major resistance is around 1.5260. Any break above will take the pair till 1.5360/1.5500.
On the downside minor support is around 1.5100 and weakness can be seen below that level.
It is good to sell on rallies around 1.5170 for the target of 1.5000 with stop around 1.5260.


Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD retreats slightly but trend is still bullish
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: USD/JPY holding bid into weekend
FxWirePro -Major European Indices
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD under pressure as key support gives way
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback 



