Παρασκευή 22 Απριλίου 2016

Technical Analysis GBP/USD

GPUSD saw a strong rejection off the 1.4450 resistance area yesterday. Although further challenges to this area are possible it now looks more likely that the 1.43000 area will be tested. A break below 1.4280 would suggest further downside action.
the 1.4450 and ultimately 1.4500 levels. However the market is vulnerable to the downside on any news favourable to the LEAVE campaign over Brexit, in which case technicals may not be respected.

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