Gbpusd is facing trend line resistance. 1.5420 is near-termed resistance for this pair. If we can find any rejection candle on that level, then we sell on this pair. If this resistance break then we can see this pair on 1.5500 level. 1.5500 area is very strong resistance level for this pair. It will be good sell zone also. We can take sell from that resistance area and target will be 1.5320 level.
Weekly Pivot, Support and Resistance
Resistance Two (R2): 1.5562
Resistance One (R1): 1.5477
Pivot Point: 1.5337
Support One (S1): 1.5252
Support Two (S2): 1.5112
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