GBP/USD outlook: Intraday 5826-40 is key level. Targets below are 5787, 5760, 5716 and 5655-85. Overall bottom if made seems to be changed from 5580 to 5655-85 area now. Above targets are 5860 and 5940. Break of this will target 6050 area. Today’s sensible range is 5716-5940 area. Less chances seems for the break of 5760 area. But if broken than below targets will definitively inevitable till 5716 and 5655-85 area. Bullishness can be traded even till 6000 area with care. If the market goes out of these ranges stay away from it as that will be an abnormal behavior from intraday trading perspective.
From trend follow-up perspective important closing rates are areas of 5787, 5830 and 5940. Note: To know the strategies and directions to trade, maintain your portfolio at Shivani Financial.
From trend follow-up perspective important closing rates are areas of 5787, 5830 and 5940. Note: To know the strategies and directions to trade, maintain your portfolio at Shivani Financial.
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