(MENAFN- DailyFX)
Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
-GBPUSD has pulled back from the high and the decline from Thursday’s high is impulsive (5 waves). It is possible that an important top has formed. Weakness below 1.6660 would make an even stronger case.
-1.6783 is now possible resistance.
LEVELS: 1.6620 1.6660 1.6702 1.6753 1.6783 1.6822
--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.
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