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- RES 4: 1.5000
- RES 3: 1.4936 (61.8% retracement of 1.5165 and 1.4564)
- RES 2: 1.4880
- RES 1: 1.4825 (61.8% retracement of 1.4975 and 1.4565)
PRICE: 1.4745@ 06:02 GMT
- SUP 1: 1.4716
- SUP 2: 1.4644 (Cloud bottom)
- SUP 3:1.4564 (Apr 13th low)
- SUP 4: 1.44431 (138.2% retracement of 1.46430 and 1.5165)
GBP/USD has recovered after making a low of 1.5640. It is facing resistance around 1.4825 and slight intraday trend reversal can happen only above that level.
It is good to sell around 1.4820 with stop around 1.4936 for the target of 1.4650.
