GBP/USD update - More gains if hourly closing abv 1.4636
Pair jumped to a high of 1.4665 following the release of a better-than-expected UK retail sales report. The spot now trades around 1.4652.
Bulls are in control, although further gains need an hourly closing above 1.4636 (38.2% of 1.5930-1.3835), in which case 1.47 levels could be put to test.
Meanwhile, strong support is seen at 1.46 and 1.4562 levels.
Bulls are in control, although further gains need an hourly closing above 1.4636 (38.2% of 1.5930-1.3835), in which case 1.47 levels could be put to test.
Meanwhile, strong support is seen at 1.46 and 1.4562 levels.
