reversal point is at 1,5215
Our preference: SELL below 1,521 to target 1,513 and 1,509 points.
Alternative scenario: The upside breakout level of 1.5215 will open the way to 1.5250 and 1.5280.
Analysis: Break down 1,514 will entail a further reduction to 1,510
2 days in a row $GBPUSD closed below daily support and that is bearish sign. But UK GDP coming soon. So don't rush.
not lazy
exhibiting pending orders
closes stop is again pending orders
Our preference: SELL below 1,521 to target 1,513 and 1,509 points.
Alternative scenario: The upside breakout level of 1.5215 will open the way to 1.5250 and 1.5280.
Analysis: Break down 1,514 will entail a further reduction to 1,510
2 days in a row $GBPUSD closed below daily support and that is bearish sign. But UK GDP coming soon. So don't rush.
not lazy
exhibiting pending orders
closes stop is again pending orders
