GBP/USD Attempts To Close The Week Above 1.53

Discussion in 'Technical Analysis' started by Kaitlin, Oct 30, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Poor US GDP data weighed on the Greenback yesterday, helping the Cable recover from Wednesday's losses. The 1.53 major level is now the immediate support, also bolstered by the monthly PP. If breached, the weekly S1 is likely to take action for the last time this week, holding the losses.[​IMG]

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