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GBPUSD trend line resistance at 1.4280

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 19, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 19 April 2016 GBPUSD spot GBPUSD trend line resistance at 1.4280 today with a high as I write at 1.4292 so a break above 1.4300 opens the door to 1.4320/25 & 1.4345/50. If we continue higher look for important 2.5 month trend line resistance at 1.4400/10. Try shorts with stops above the 100 day moving average at 1.4460. Failure to beat trend line resistance at 1.4280/90 targets first support at 1.4230/20. If we continue lower look for the next target & support at

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