GBP/USD faces resistance at 1.4450, break above targets 1.4570
Major resistance -1.4450 (trend line joining 1.43626 and 1.44074)
The pair has recovered from yesterday low of 1.4326 and reached till 1.4445.It is currently trading around 1.44076.
The pair is facing major resistance around 1.4450 and any break above confirms minor trend reversal.
On the higher side any break above 1.4450 will take the pair to next level around 1.4505/1.4570 (161.8% retracement of 1.4149).
The pair’s support is around 1.4370 and break below targets 1.4300/1.4240.
It is good to buy above 1.4450 with SL around 1.4400 for the TP of 1.4500/1.4570.
The pair has recovered from yesterday low of 1.4326 and reached till 1.4445.It is currently trading around 1.44076.
The pair is facing major resistance around 1.4450 and any break above confirms minor trend reversal.
On the higher side any break above 1.4450 will take the pair to next level around 1.4505/1.4570 (161.8% retracement of 1.4149).
The pair’s support is around 1.4370 and break below targets 1.4300/1.4240.
It is good to buy above 1.4450 with SL around 1.4400 for the TP of 1.4500/1.4570.
