MARKET ANALYSIS - Intraday Analysis GBP/USD Upwards scenario: - TopicsExpress

MARKET ANALYSIS - Intraday Analysis GBP/USD Upwards scenario: Apparently market sentiment remains neutral for the GBPUSD. Clearance of our resistance at 1.5531 (R1) would clear the way for an upside penetration towards to next visible targets at 1.5548 (R2) and 1.5564 (R3). Downwards scenario: On the other hand, depreciation below the support level at 1.5493 (S1) would suggest next intraday target at 1.5477 (S2) and any further weakening would then be limited to final support level at 1.5460 (S3). Resistance Levels: 1.5531, 1.5548, 1.5564 Support Levels: 1.5493, 1.5477, 1.5460

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