18 Feb 2015
GBP/USD bearish below 1.5315 – FXMarketAlerts
FXStreet (Barcelona) - The FXMarketAlerts team gives the technical outlook and key levels for GBP/USD.
Key Quotes
“Uptrend off th Jan low base is intact- selling through 1.5350 yesterday has been absorbed, and the market starts this am. on that pivot.”
“Yesterday's balanced session offers triggger points for a move today : higher above 1.54; lower below 1.5315. Upside still open to the 1.55-6~ target.”
“R1: 1.5400 Tues high, R2: 1.5440 16-Feb high, R3: 1.5455~ 2-Jan sell accel”
“S2: 1.5315 Tues low, S3: 1.5200~ 9, 10-Feb lows”
Key Quotes
“Uptrend off th Jan low base is intact- selling through 1.5350 yesterday has been absorbed, and the market starts this am. on that pivot.”
“Yesterday's balanced session offers triggger points for a move today : higher above 1.54; lower below 1.5315. Upside still open to the 1.55-6~ target.”
“R1: 1.5400 Tues high, R2: 1.5440 16-Feb high, R3: 1.5455~ 2-Jan sell accel”
“S2: 1.5315 Tues low, S3: 1.5200~ 9, 10-Feb lows”