- RES 4: 1.5000
- RES 3: 1.4950
- RES 2: 1.4900
- RES 1: 1.4866 (200 day HMA)
- SUP 1: 1.4797 (20 day HMA)
- SUP 2: 1.4720
- SUP 3:1.46430
- SUP 4: 1.4500
GBPUSD is trading around 1.47739 after making a short term low of 1. term trend is bullish as long as resistance 1.4900 holds. Weekly trend is bearish as long as resistance 1.5165 holds.
It is good to sell on rallies around 1.4825 for the target of 1.4650.
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