GBP/USD faces resistance at 1.4490, break above targets 1.4580
Minor resistance – 1.4490 (trend line joining 1.4580 and 1.45154)
Minor support – 1.4420 (trend line joining 1.4149 and 1.4350)
The pair is facing strong resistance around 1.4490 and break below confirms minor trend reversal, a jump till 1.4580/1.4600 is possible.
On the lower side support is around 1.4420 and break below targets 1.4380/1.4350.The minor support is around 1.4450.
Short term weakness only below 1.4320.
It is good to buy above 1.4490 with SL around 1.4445 for the TP of 1.4580/1.4600
Minor support – 1.4420 (trend line joining 1.4149 and 1.4350)
The pair is facing strong resistance around 1.4490 and break below confirms minor trend reversal, a jump till 1.4580/1.4600 is possible.
On the lower side support is around 1.4420 and break below targets 1.4380/1.4350.The minor support is around 1.4450.
Short term weakness only below 1.4320.
It is good to buy above 1.4490 with SL around 1.4445 for the TP of 1.4580/1.4600
