GBPUSD Support is Under 15800
60 Minute Bars
Prepared by Jamie Saettele, CMT
The GBPUSD rally from the low is impulsive (5 waves). Expect a partial retracement of the advance before an attack on 15880-15900. Support is 15760/70. A range strategy is preferred (shorts at resistance and longs at support). Interim support comes in at 15800.
Bottom Line (next 5 days) – sideways
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