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GBPUSD Weekly Technical Outlook 22-28 February, 2016 | February 21, 2016



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Gbpusd has bounced back from the trend line as we can see on the above chart. This pair can fly again with bullish movement. This pair has gained some bullish momentum last day of last week. So next week, we should get some bullish powerful movement.


1.4400 can be a resistance level for this pair. So if this pair successfully stay above this level on next week, then we may find bullish rally on this pair.


On 1.4475 level, we can see 200 ema on h4 time frame. This can be another resistance for gbpusd.


1.4330 level can be good buy zone for this pair. If we find this pair on 1.4430 level, then we should go for buy on this pair


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