GBPUSD
1.5192
Sterling One more time a sell-off generated after the previous re-test of the broken channel , however now all the market players are keeping an eye on 1.51s . This level if market below it then 1.49 the target on the short term but the 1.46s will be achieved with a probability at 60%.
In case rebounded from 1.51s then the coming upper move would be suspected as a trend but we will see a trading range between 1.55s – 1.51s.
| Support | Resistence | |
| Level 1 | 1.5120 | 1.5220 |
| Level 2 | 1.5050 | 1.5380 |
| Level 3 | 1.4920 | 1.55s |