gbpusd price technical view

gbpusd prices show  from the technical view that ......

GBP/USD currency pair, is building a bullish channel pattern.  support level is 1.5400 , as long as the prices are traded above it

key resistance at 1.5920-40 area,break up this area will lead him to     higher levels

GBPUSD got a triple shot with a negative inflation reading in the UK                     (-0.1% for YoY)

From looking short term charts i see that the downtrend mom black&yellow bands  still here

keep an eye on the 1.5130-1.52 area ..... key support

if gbpusd will cross down those level ,look for more downside - the corrections over  

gbpusd

gbp

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