GbpUsd: To continue its bearish slide?
The GbpUsd closed in the red, after a disappointing GDP report that sent the cable back to its 1.52880 support level. Breaking out will send it south towards 1.52484. Today, The cable will have 1.53209 as a resistance.
Failing to breakout 1.52880, will send the cable back to 1.53595, with 1.53391 as a primary objective.
The daily Pivot Point is around 1.53137. The daily support levels are around 1.52687 and 1.52380. The daily resistance levels 1.53444 and 1.53894.
Failing to breakout 1.52880, will send the cable back to 1.53595, with 1.53391 as a primary objective.
The daily Pivot Point is around 1.53137. The daily support levels are around 1.52687 and 1.52380. The daily resistance levels 1.53444 and 1.53894.
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