fxplan

Trade Plan: GBPUSD / Feb 11, 2016

GBPUSD had undecided movement yesterday, the pair is setting lower highs, Immediate support is around 1.4515, key support at 1.4350, resistance at 1.4600 target 1.4700.

  • Current trend: short-term bias is bullish., above 1.4455 could target 1.4700
  • Support and resistance:
    S1#1.4455 , S2#1.4385, S3#1.4320
    R1#1.4585 , R2#1.4650 , R3#1.4720
  • Trading tips: buying a pullback.
  • Strategy: Buy @1.4540, SL @1.4510, TP @1.4600

day