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GBPUSD: Rallies On Further Recovery

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 11, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    GBPUSD - With the pair closing higher on Friday and following through during Monday trading, further bullish offensive is envisaged in the days ahead. On the downside, support lies at the 1.4200 level where a break will turn attention to the 1.4150 level. Further down, support lies at the 1.4100 level. Below here will set the stage for more weakness towards the 1.4050 level. Conversely, resistance stands at the 1.4300 levels with a turn above here allowing more strength to build up towards the

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