GBP/USD Is Bullish On Charts !

SUMMARY: 

The major trend of GBP/USD is bullish. Prices are sustaining below the falling trendline with a positive bias. Today if the pair breaks the psychological level of 1.5180 at upside we can expect it to test the level of 1.5200/1.5230. RSI is also sustaining in buying  territory supporting the  ongoing  trend. MACD line has recently break the zero line,indicating the up trend in the market.

GBP/USD ( HOURLY )

STRATEGY: 

GBP/USD  is successfully  sustaining on higher  level & looking  further bullish on charts. One can go for buy on dips  strategy for this pair for intra day to mid term positions.


PIVOT POINTS:

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.1443	1.1491	1.1520	1.1568	1.1597	1.1645	1.1674
GBP/USD	1.4921	1.4988	1.5067	1.5134	1.5213	1.5280	1.5359
USD/JPY	116.57	117.05	117.93	118.41	119.29	119.77	120.65
USD/CHF	0.8520	0.8601	0.8680	0.8761	0.8840	0.8921	0.9000
AUD/USD	0.8083	0.8120	0.8146	0.8183	0.8209	0.8246	0.8272
EUR/GBP	0.7507	0.7558	0.7592	0.7643	0.7677	0.7728	0.7762
USD/CAD	1.1806	1.1869	1.1991	1.2054	1.2176	1.2239	1.2361
NZD/USD	0.7416	0.7518	0.7579	0.7681	0.7742	0.7844	0.7905

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