GBPUSD 15525 Serves as Resistance
240 Minute Bars
Prepared by Jamie Saettele, CMT
“The GBPUSD has reached the trendline that extends off of the 2009 and 2010 lows so we could get a bounce from these levels. If so, then resistance is 15530. A bounce into there would be a candidate to short against 15720.” Expect the bounce that started Friday to continue into 15525 before we get a run on 15233.
LEVELS: 15233 15268 15340 15460 15525 15600
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