GBPUSD: Going Back to 1.5443?
The GbpUsd closed in the red after Thursday's wild session. Cutting through 1.55233 will suggest a pursuit of the bearish trend, with 1.54433, as an objective, and 1.5481 as a primary objective.
If Friday's movement turned out to be a technical correction, and the parity re-entered a bullish market, which will lead it to 1.55843.
The daily Pivot Point is around 1.55654. The daily support levels are around 1.54723 and 1.54214. The daily resistance levels are around 1.56163 and 1.57094.
If Friday's movement turned out to be a technical correction, and the parity re-entered a bullish market, which will lead it to 1.55843.
The daily Pivot Point is around 1.55654. The daily support levels are around 1.54723 and 1.54214. The daily resistance levels are around 1.56163 and 1.57094.
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