Short-term important resistance at 144.84 is still holding firm, but we believe, that it is just a matter of time before this resistance is broken and the next impulsive rally higher to 145.92 is seen on the way higher to 149.41 and the 161.8% extension target at 151.50.
Support is now seen at 144.05 and again at 143.55.
R3: 145.92
R2: 145.53
R1: 144.85
Pivot: 144.05
S1: 143.55
S2: 143.23
S3: 142.88
Trading recommendation:
We are long GBP from 143.15 with our stop placed at break-even at 143.15
The material has been provided by InstaForex Company - www.instaforex.com