The major trend of GBP/USD is bullish. Prices are sustaining
below the falling trendline with a positive bias. Today if the pair breaks the
psychological level of 1.5180 at upside we can expect it to test the level of
1.5200/1.5230. RSI is also sustaining in buying
territory supporting the
ongoing trend. MACD line has
recently break the zero line,indicating the up trend in the market.
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S3
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S2
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S1
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PIVOT
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R1
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R2
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R3
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EUR/USD
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GBP/USD
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USD/JPY
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USD/CHF
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AUD/USD
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USD/CAD
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0.7905
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STRATEGY :- GBP/USD is successfully sustaining on higher level & looking further bullish on charts. One can go for buy
on dips strategy for this pair for intra
day to mid term positions.
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