GBP/USD Open 1.9860 High 1.9969 Low 1.9712 Close 1.9853
The Cable rose against the US Dollar, and reached its highest rate since the beginning of February 1.9970, which is the first resistance for today. Next resistance is expected at 2.0075, which is 49.8% Fibonacci correction of the drop 2.0825 - 1.9340, followed by 2.0140. In the opposite direction support for the Pound is this morning's bottom 1.9840, followed by 1.9760, and 1.9695, which is 23.5% Fibonacci correction of the above mentioned drop.
Technical resistance levels: 1.9970 2.0075 2.0140
Technical support levels: 1.9840 1.9760 1.9695
Trading range: 1.9865 - 1.9950
Trend: Upward
Buy at 1.9877 SL 1.9847 TP 1.9937
Today we made already +41 pips profit on GBP/USD from the following signal:
6:07 GMT Buy GBP/USD at 1.9868 SL 1.9842 TP 1.9928 TP reached at 7:28 GMT
Today so far +190, yesterday +147, as shown in details at our web site.
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