Forex - Chart GBP/USD Update: Downmove resuming


Published at 00:03 (GMT) 08 Jul

  

Chart GBP/USD Update: Downmove resuming (NBQC8401)

07 Jul GBP/USD Daily

23::19 GMT - Corrective bounce staged last session failed to take out the 1.5644 resistance and strong sell-off towards closing with the decisive break of daily uptrend line are shifting focus towards the downside. Below yesterday's low of 1.5414 will extend decline to 1.5370 then lower 1.5258. [W.T]
R5: 1.5630 6 Jul high
R4: 1.5610 7 Jul high
R3: 1.5560 3 Jul low
R2: 1.5487 intraday level
R1: 1.5473 intraday level

S1: 1.5414 7 Jul low
S2: 1.5370 10 Jun low
S3: 1.5258 9 Jun low
S4: 1.5222 8 Jun low
S5: 1.5190 * 5 Jun low/Senkou Span B line

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