GBPUSD Unchanged Following Inside Day
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.” With BoE on Thursday, the market may have to wait before its next move. In any event, 15232 is support and 15460-15530 resistance.
LEVELS: 15233 15268 15320 15460 15525 15600