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Home » USA Trading Sessions » GBP/USD Technical Levels for USA Trading Sessions 06/04/2016

GBP/USD Technical Levels for USA Trading Sessions 06/04/2016

The GBP/USD immediate support is seen at 1.4032 (23.6% of 1.4669-1.3835), under which the spot may test 1.4 handle. A violation there would expose 1.3946 (Feb 29 high). On the other hand, a break above resistance at 1.4079 (Jan 21 low) would shift risk in favor of a re-test of 1.4117 and 1.4165 (23.6% of 1.5230-1.3835).

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