gbpusd price technical analysis view

gbpusd technical forecast analysis

from my last post on may 2015

GBP/USD currency pair, is building a bullish channel pattern.  support level is 1.5400 , as long as the prices are traded above it

key resistance at 1.5920-40 area,break up this area will lead him to     higher levels
GBPUSD got a triple shot with a negative inflation reading in the UK                     (-0.1% for YoY)
From looking short term charts i see that the downtrend mom black&yellow bands  still here
keep an eye on the 1.5130-1.52 area ….. key support
if gbpusd will cross down those level ,look for more downside – the corrections over “

so we got the support and gbpusd didn’t break it down 
The British pound keeps a steady uptrend – the price breached resistance at 1.5565 and renewed the last week’s high at 1.5596.
my exception for continuing move is that if the gbpusd will hold 1.5430-1.5530 levels 
we will going to see the pair rising to higher levels : 1.5830-1.5890 after 1.5920
 and even 1.6050-1.6070
keep watching and don’t forgot that we are facing in big news today for the gbp and all market : 

 United Kingdom Unemployment Rate & Claimant Count Change at 11:30                   
United States Fed Funds Rate  at 21:00

gbpusd technical

This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice

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