Bullish build up on GBPUSD
GBP/USD Intraday Bullish
Pivot point: 1.3605
The GBPUSD failed to hold and closed below the first support region. If the trend turns bullish, then the pair may recover to 1.3669 and go on to test the next resistance level of 1.3767. Alternatively, if a bearish trend sustains the pair could fall towards 1.3506 level and head further lower to 1.3442.
Resistance level 1: 1.3669 Resistance level 2: 1.3767 Resistance level 3: 1.3831
Support level 1: 1.3506 Support level 2: 1.3442 Support level 3: 1.3344
Pivot point: 1.3605
The GBPUSD failed to hold and closed below the first support region. If the trend turns bullish, then the pair may recover to 1.3669 and go on to test the next resistance level of 1.3767. Alternatively, if a bearish trend sustains the pair could fall towards 1.3506 level and head further lower to 1.3442.
Resistance level 1: 1.3669 Resistance level 2: 1.3767 Resistance level 3: 1.3831
Support level 1: 1.3506 Support level 2: 1.3442 Support level 3: 1.3344
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