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GBP/USD Best Support This Week At 1.3000/1.2990

Published 03/11/2019, 02:21 AM
Updated 07/09/2023, 06:31 AM

GBP/USD - GBP/JPY Daily Forecast - March 11, 2019

GBPUSD _ GBPJPY

GBP/USD best support this week at 1.3000/1.2990. Longs need stops below 1.2975. A break lower targets 1.2960, 1.2940 and support at 1.2900/1.2880.

Holding 1.3000/1.2990 targets strong resistance at 1.3060/70. A break above 1.3080 meets a selling opportunity at 1.3120/30, with stops above 1.3150.

GBP/JPY has key support at 144.65/55. Longs need stops below 144.20. A break lower targets 143.80/70 then support at 143.50/40 for profit taking on any shorts.

Holding key support at 144.65/55 targets 1.4480/90 with resistance at 145.30/40 today. A break above 145.55 targets 145.90/95.

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