Pound/Dollar made hesitating movement yesterday. Short signals are neutral. We still have a valid descending channel on the 1 hour chart and the quotes may test the resistance line of the channel. Break upwards will trigger ascending scenario with test of 1.4640. A break under 1.4530 is needed, for the short term top at 1.4660 to be approved on the 4 hour chart. The nearest support is seen at 1.4460, followed by 1.4345. The CCI indicator is in neutral area on the daily chart.
Technical resistance levels: 1.4660 1.4785 1.4900
Technical support levels: 1.4365 1.4250 1.4155
Trading range: 1.4540 - 1.4615
Buy at 1.4551 SL 1.4521 TP 1.4601
Today we made already +31 pips profit on GBP/USD from the following signal:
5:46 GMT Buy GBP/USD at 1.4529 SL 1.4503 TP 1.4589 exited at 7:30 GMT
Today so far +153, yesterday +140, as shown at www.zifx.com/performance.php