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24 Apr 2015
GBP/USD might see additional gains above 1.5165 – FXStreet
FXStreet (Barcelona) - Valeria Bednarik, Chief Analyst at FXStreet, shares the outlook and key upside and downside levels for GBP/USD.
Key Quotes
“Dollar broad weakness has helped the GBP/USD advance this Friday, with the pair reaching a daily high of 1.5145, so far today.”
“The immediate resistance comes at 1.5165, last March 18 daily high, with a break above it favoring additional gains up to the 1.5200 level.”
“Deeps down to 1.5090 should attract buying interest, although a downward acceleration below the level should lead to a downward corrective movement down to the 1.5030/40 price zone.”
Key Quotes
“Dollar broad weakness has helped the GBP/USD advance this Friday, with the pair reaching a daily high of 1.5145, so far today.”
“The immediate resistance comes at 1.5165, last March 18 daily high, with a break above it favoring additional gains up to the 1.5200 level.”
“Deeps down to 1.5090 should attract buying interest, although a downward acceleration below the level should lead to a downward corrective movement down to the 1.5030/40 price zone.”