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GBPUSD - Threatening Further Upside But With Warning

Discussion in 'Technical Analysis' started by Kaitlin, May 3, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    GBPUSD Having GBPUSD taken back its losses to close higher on Monday, further bullishness is envisaged. However, beware is corrective pullback as GBPUSD trades at its key resistance zone. On the downside, support lies at the 1.4550 level where a break will turn attention to the 1.4500 level. Further[​IMG]

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