Dear Traders
GBPUSD this week after volatile movement closed flat at 1.4507 with no gain and no loss. Technically on Daily Chart now GBP USd having a strong resistance at 1.4670 and support at 1.4079. GBPUSD traders advise to go for sell position below 1.4440 next week with the stop loss of 1.4530 and wait for the target price of 1.4300 and 1.4080. Buyers are advise to hold their position or take fresh buying position until its traded above 1.4440 and can wait for the target price of 1.4660.
GBPUSD this week after volatile movement closed flat at 1.4507 with no gain and no loss. Technically on Daily Chart now GBP USd having a strong resistance at 1.4670 and support at 1.4079. GBPUSD traders advise to go for sell position below 1.4440 next week with the stop loss of 1.4530 and wait for the target price of 1.4300 and 1.4080. Buyers are advise to hold their position or take fresh buying position until its traded above 1.4440 and can wait for the target price of 1.4660.