GBPUSD Weekly Technical Analysis (1-5 June,2015) | May 30, 2015

The weakness of gbpusd was continuing last week. We can expect some retrace on this pair in the coming trading days. Near term resistance is staying at 1.5460 area. It will be good level for sell. We should find sell opportunity from that area. Target will be 1.5100 area. Daily candle of this pair is showing its bear power. So we should stay on sell side.


Most wanted Copy trade service: Great news for our signal followers. We are happy to announce that we have started copy trade service. It will be a great solution for them, who are not available on mt4 all the time but don’t wanna miss our any signal. Monthly copy trade charge is 25$. Copy trade subscription link



Weekly Pivot, Support and Resistance

Resistance Two (R2): 1.5615

Resistance One (R1): 1.5452

Pivot Point: 1.5344

Support One (S1): 1.5181

Support Two (S2): 1.5073