FXMarketAlerts Team
FXMarketAlerts
Published at 11:21 (GMT) 29 May
29 May GBP/USD Daily
11::15 GMT - GBP S/t downtrend remains on course- breakout from early balance has taken out 1.5242 & looks for the low side of the 3/4 day channel, which will stretch into 1.5200~ later today. There's still no excess low in place. Next bigger level down- 1.51. Run up through prior day high signals change (to flat or bullish.) [NR]
R5: 1.5815 * 14-May high
R4: 1.5700 21-May high
R3: 1.5520~ 22-May pm sell accel
R2: 1.5445 * 19-May excs low
R1: 1.5385 28-May high
S1: 1.5242 8-May low
S2: 1.5160~ * fr 1-May high volm
S3: 1.5088 * 4, 5-May lows S4: 1.50~ later Mar, Apr highs
S5: 1.4855 21-Apr low
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