GBPUSD Daily Forecast Apr 22 2015

Uk min
Uk min

Outlook in GBPUSD remains on the upside as long as 1.4915/1.4811 support holds on a daily closing basis , resistance comes at the 1.5080 levels  ,  a halt is likely , but a break would open 1.5162/1.5220 next , further upside will aim the 1.5375 levels.

On the downside , support comes at the 1.4915 levels , below this level will open main support at the 1.4811 levels , losing this level on a daily closing basis will turn outlook neutral and open the 1.4680 levels before the next possible rise , however ; a clear break below the 1.4680 levels will restore the downside momentum and open the the area below 1.4566 levels..

In all , as long as 1.4811/1.4915 support  holds on a daily closing basis , outlook in GBPUSD  remains on the upside towards the 1.5000/1.5085  levels ahead of the 1.5220 levels .Below 1.4811 will reverse risks towards the 1.4680 levels…….

GBPUSD Daily Forecast Apr 22 2015

 

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