GBP/USD breaks trend line support, targets 1.5330
GBP/USD has broken trend line support 1.5450 and this confirms short term weakness, a decline till 1.5325 cannot be ruled out.
Major short term resistance is around 1.5550 and any slight bullishness can be seen only above that level.
Any break above 1.5550 will extend gains till 1.5580/1.5630.
On the downside minor support is around 1.5450 and nay break below targets 1.5420/1.5380/1.5330.
It is good to sell on rallies around 1.5475-80 with SL around 1.5550 for the Tp of 1.5385/1.5330
Major short term resistance is around 1.5550 and any slight bullishness can be seen only above that level.
Any break above 1.5550 will extend gains till 1.5580/1.5630.
On the downside minor support is around 1.5450 and nay break below targets 1.5420/1.5380/1.5330.
It is good to sell on rallies around 1.5475-80 with SL around 1.5550 for the Tp of 1.5385/1.5330