The GBP/USD pair has an unclear bias for today, it will move in a ranging situation. If today it can breach and close above the M3 level at the 1.6038, it will have a chance to take the Resistance. 1 level at 1.6055. On the contrary, if it can breach and close below the M2 level at 1.5998, it will move to Support. 1 level at 1.5975.

INTRADAY PIVOT LEVELS:

Resistance. 3: 1.6135.

Midpoint. 5: 1.6118.

Resistance. 2: 1.6101.

Midpoint. 4: 1.6078.

Resistance. 1: 1.6055.

Midpoint. 3: 1.6038.

Pivot Point: 1.607021.

Midpoint. 2: 1.5998.

Support. 1: 1.5975.

Midpoint. 1: 1.5958.

Support. 2: 1.5941.

Midpoint. 0: 1.5918.

Support. 3: 1.5895. 

Best regards,

Arief Makmur

Official Analyst of InstaForex Companies Group

InstaForex Companies Group

http://www.ifxwork.com

Email: Arief.jakarta@indo.instaforex.com

blog.mt5.com/arief

http://www.mt5.com/forex_analysis_award/profile/index/arief

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