D1 price is on primary bearish market condition with secondary ranging between 1.5497 resistance and 1.4565 support levels:
- GBPUSD is traded below 200 period SMA
- The price is located above 100 period SMA for crossing it from above to below for the ranging market condition to be continuing
- GBPUSD is ranging between 1.5497 resistance and 1.4565 support levels
- Key resistance level is 1.5497
- Key support level is 1.4565
Resistance | Support |
---|---|
1.5428 | 1.4855 |
1.5497 | 1.4565 |
Trend: D1 - ranging bearish