GBPUSD 2015-10-08
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GBPUSD
1.5320
GBP-USD, with an increasing buying pressure, so, with this new development the most probable scenario is a short up trend toward 1.5405 level that’s will extend the bullish wave to reach 1.5600, while the bullish bias will remain expected . Unless if breaking 1.5240 level and holding below them. However, if the market fell below 1.5190s then a range market is the major pattern of the market in the short term and the level of 1.5150s is the pivotal levels between a bullish or bearish scenario.
Support | Resistence | |
Level 1 | 1.5200 | 1.5320 |
Level 2 | 1.5150 | 1.5417 |
Level 3 | 1.5050 | 1.5518 |