GBP/USD Strong resistance and support!! still in uptrend range
The pound still seems to be within the uptrend lines. this is backed by the strong support that lies between 1.3985-1.4010 area and this strong support has previously been resistance 5 times since February. the strong resistance for the uptrend to continue is at the 1.4240-4255 range and it has already been rejected 3 times. the pound seems to be ranging from 1.4130-1.14210 area which seems like a good opportunity for scalpers to win some pips.