Resistance for the Cable is today's top 1.9825, followed by 1.9900, which was limiting the climbing last week, and 1.9985. Next is the strong resistance 2.0015, which is 37.8% correction of the drop 2.0570 - 1.9675, as well as top from 28 September. Supports are expected at the bottom from 17 August and yesterday at 1.9665, followed by the key levels 1.9595 and 1.9540, which is a notable top from December 2004.
Technical resistance levels: 1.9825 1.9900 1.9985
Technical support levels: 1.9665 1.9595 1.9540
Trading range: 1.9770 - 1.9845
Trend: Upward
Buy at 1.9783 SL 1.9753 TP 1.9833
Today we made already +22 pips profit on GBP/USD from the following signal:
7:28 GMT Sell GBP/USD at 1.9775 SL 1.9801 TP 1.9715 exited at 7:38 GMT
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