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GBPUSD: Sees Further Bullish Offensive, Targets 1.5336 Region

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 7, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    GBPUSD: GBP extended its recovery during Wednesday trading session leaving risk of more strength to occur. However, watch out for its overhead resistance located at the 1.5336 zone. This level is significant on the weekly chart. Price hesitation ahead or at that level cannot be ruled out. The pair current bullish price action leaves risk higher towards the 1.5350 level. Further out, resistance resides at the 1.5400 level followed by the 1.5450 level. Its daily RSI is bullish and pointing

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