GBPUSD
1.5180
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 ( Several Daily Closes ) then 1.49 the target on the short term , moreover , the 1.46s will be achieved with a probability at 60%.
In case rebounded from 1.51s ( And traded higher than 1.5250s ) , then the coming upper move would be suspected as a trend but we will see a trading range between 1.55s – 1.51s.
Please Note : The shown chart is analysis for short-time Interval ( 15 minutes Chart. ) .
| Support | Resistence | |
| Level 1 | 1.5050 | 1.5220 |
| Level 2 | 1.4980 | 1.5320 |
| Level 3 | 1.4880 | 1.5480 |
