- GBP/USD has taken support near 200 day HMA (1.5365) and is currently trading around 1.5382. Overall trend is bullish as long as support 1.5280 holds.
- On the downside below 1.5350 it can reach till 1.5280/1.5240.
- The pair's minor resistance 1.5392 and major 1.5505.
| Indicators (1 hour chart) CCI (50) - Sell | CCI (14) - Sell | Ichimoku- Sell Recommendation: Buy GBP/USD around 1.5350, SL 1.5280, Target 1.5500. |
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