GBP/USD rebounds at 1.5445, fresh daily low

FXstreet.com (Córdoba) – Cable hit a fresh daily low at 1.5445 but rebounded and rose back to levels above 1.5460. The pair holds downside momentum but it has been able to hold above Monday’s low that lies at 1.5430. Currently trades at 1.5470/75, 0.27% below today’s opening price.

“Pair is now trading below the important level at $1.5510 and so long it continues to trade below this level, the next target is set at $1.5460 and breaching this level would send the pair to the support at $1.5345, however breaching the $1.5510 level to the upside would send the pair to the $1.5570 resistance level”,”> the ecPulse.com Analysis Team said.


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The Art&Science of Trading Gold
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