GBP/USD:
Resistance:1.5415 (sell below this level).
Support: 1.5200 (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 1.5250 and 1.5313.
- The descending movement will probably be lower than the 1.5415 level with the first targets at 1.5325 and 1.5235.
- Buy deals are recommended above the 1.5200 level with targets at 1.5303 and 1.5390.
Intraday Technical Levels:
R3: 1,5417
R2: 1,5365
R1: 1,5322
PP: 1,5270
S1: 1,5227
S2: 1,5175
S3: 1,5132
If you have any questions or requests, please feel free to contact me: mourad.elkeddani@analytics.instaforex.com.
