Thursday, May 7, 2015

gbp/usd can touch 1.5400

The GBPUSD continued its buy momentum yesterday topped at 1.5290 point. The bias is bullish in nearest term testing 1.5350 – 1.5400 point.if 1.5400 touch so market again go uptrend. Immediate support is seen around 1.5200 – 1.5170 point . A clear break below that area could lead price to neutral zone in nearest term  as direction would become unclear.
finally and normally i prefered market go buytrend.

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