Thursday, June 19, 2014

gbp/usd daily can be downside pressure

my outlook on GBP continues to point lower on more weakness. Support comes in at the 1.6881 point and then violation point is 1.6800. Below here if seen will set the stage for a run at the 1.6750
point where a violation will aim at the 1.6698 point with a break aiming at the 1.6658 point. Resistance at the 1.6995/1.7010 point where a breather could occur but if broken the 1.7050 point will be targeted. A break will open the door for a run at the 1.7100 point and then the 1.7150 point.
finally gbp/usd down this weeken trading working days

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