Pound/Dollar corrected upwards yesterday. On the 4 hour chart after the break down of the trend line, the Cable got back upwards and tested the trend line itself, now as a resistance. Technical signals are currently neutral. Trading range today is between the 1.4350 and 1.5250 levels. Short term resistance is 1.4740. Immediate term support is 1.4540. The CCI indicator in the neutral area of 4 hour and daily charts.
Technical resistance levels: 1.4740 1.4825 1.4960
Technical support levels: 1.4540 1.4430 1.4400
Trading range: 1.4615 - 1.4545
Sell at 1.4605 SL 1.4635 TP 1.4555
Today we made already +60 pips profit on GBP/USD from the following signal:
7:07 GMT+1 Sell GBP/USD at 1.4656 SL 1.4682 TP 1.4596 TP reached at 8:05 GMT
Today so far +170, yesterday +158, as shown at www.zifx.com/performance.php