Weekly Pivot Point: 1.5957.
GBP/USD "Pound Dollar":
Resistance: 1.5960 (sell below this level).
Support: 1.5760 (buy above this level for retesting this level for a short period).
Trading recommendations:
According to the previous events, the price is still between the levels of 1.5905 and 1.5875.
The descending movement will probably be lower than 1.5960 level with the first targets at 1.5830 and 1.5770 levels.
Buy deals are recommended above the 1.5760 level with targets at 1.5900 and 1.5960 levels.
Weekly Pivot Point:
If you have any questions or requests, please feel free to contact me: mourad.elkeddani@analytics.instaforex.com.
