GBP/USD ANALYSIS
Comments:
In our opinion German manufacturing data
will impact the GBP/USD, as MACD Indicating the upside moment, since 1.5212 is the strong level, market may
touch it if the data is not good or other factors like Bernake speech pending
for today.
Slow moment is expected today as well
before data announcement.
Levels for higher sides are:
1.5343
1.5398
1.5458
Levels for downside movement are:
1.5300
1.5270
1.5235
1.5212
Levels for downside movement are:
1.5300
1.5270
1.5235
1.5212
If the market drops down and does not
breaks the 1.5212 it is more likely to go upward and retest its 1.5300 level
where it will gets room to drop again, Look out for trade as it is vulnerable,
and heading for sideways.
For further discussion please contact us
+923432565293 (available on Whatsapp and Viber)
+923323691889 (rk.khatri@hotmail.com)
Due to some Technical problems we are unable to upload hourly trade plan. As we we suggested to our clients for sell till 5280 and the buy at this level till 5330 . :)
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