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GBP/USD: A violation of 1.4010 will challenge 1.4150

Stoyan Mihaylov DeltaStock.com

EUR/USD Current level - 1.2303

The violation of 1.2300 resistance imposes a risk of a more significant reversal and a break through 1.2370 crucial area will target 1.2460.

resistance
intraday	intraweek
1.2370	1.2460
1.2460	1.2560

support
intraday	intraweek
1.2260	1.2210
1.2210	1.2090

resistance

intraday

intraweek

1.2370

1.2460

1.2560

support

intraday

intraweek

1.2260

1.2210

1.2090

USD/JPY Current level - 106.89

The bias remains bearish, for a slide towards 105.40 lows. Initial resistance lies at 107.15.

resistance
intraday	intraweek
107.15	108.30
108.30	110.40

support
intraday	intraweek
106.40	105.40
105.40	102.40

resistance

intraday

intraweek

107.15

108.30

110.40

support

intraday

intraweek

106.40

105.40

102.40

GBP/USD Current level - 1.3957

The reversal at 1.3850 has initiated a break through 1.3920 and the bias is positive, for a rise through 1.4010 crucial high, towards 1.4150.

resistance
intraday	intraweek
1.4010	1.4280
1.4150	1.4340

support
intraday	intraweek
1.3920	1.3760
1.3850	1.3620

resistance

intraday

intraweek

1.4010

1.4280

1.4150

1.4340

support

intraday

intraweek

1.3920

1.3760

1.3850

1.3620

Author

Stoyan Mihaylov

DeltaStock.com

Stoyan Mihaylov, 42 years old, a Financial Analyst at Deltastock Inc, has an sixteen-year background as a senior FX Dealer, trading spot and outright forwards.

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