GBP/USD outlook: Intraday 5645-5665 is key level. Targets below are 5612-30, 5575-85 and 5547. 5478 area seems maximum downside for this week if it goes bearish otherwise 5223 will be inevitable. Above targets are 5714, 5747 and 5780-90. Today’s sensible range is 5612-5780. If you have buys in gbp/usd it seems that no panic should be made until 5580 bottom. But if broken than below targets will definitely be inevitable this week. 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 5580, 5646 and 5787. Note: To know the strategies and directions to trade, maintain your portfolio at Shivani Financial. The analysis given is not trading signals but the market picture.
From trend follow-up perspective important closing rates are areas of 5580, 5646 and 5787. Note: To know the strategies and directions to trade, maintain your portfolio at Shivani Financial. The analysis given is not trading signals but the market picture.
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