GBPUSD 2015-10-02
GBPUSD
1.5156
GBP-USD, has rebounded significantly from the major support of 1.5150s/1.5105s, with an increasing buying pressure, so, with this new development the most probable scenario is a short up trend toward 1.5320s. However, if the market fell below 1.5090s then a range market with downward slope is the major pattern of the market in the short term and the level of 1.5150s is the pivotal levels between a bullish or bearish scenario.
Support | Resistence | |
Level 1 | 1.5050 | 1.5220 |
Level 2 | 1.4980 | 1.5320 |
Level 3 | 1.4880 | 1.5480 |