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27 Mar 2015
GBP/USD next target 1.50 – FXMarketAlerts
FXStreet (Barcelona) - The FXMarketAlerts Team note that as long as GBP/USD holds above 1.4860, the bullish target to 1.50 territory stands.
Key Quotes
“Run back up into 1.4860 didn't fade- GBP's therefore firmed again off the 1.48~ March range mid. and therefore opens upside again back to 1.50- the latter is a target for today/ Monday and holds whilst 1.4860 now holds pull backs.”
“R3: 1.5145 * 18-Mar high"
"R2: 1.5000-80 base 18-Mar excs"
"R1: 1.4995 Thurs high"
"S1: 1.48~ Thur, Fri lows"
"S2: 1.4725~ fr 13-Mar lows"
"S3: 1.4635 * 18-Mar YTD low”
Key Quotes
“Run back up into 1.4860 didn't fade- GBP's therefore firmed again off the 1.48~ March range mid. and therefore opens upside again back to 1.50- the latter is a target for today/ Monday and holds whilst 1.4860 now holds pull backs.”
“R3: 1.5145 * 18-Mar high"
"R2: 1.5000-80 base 18-Mar excs"
"R1: 1.4995 Thurs high"
"S1: 1.48~ Thur, Fri lows"
"S2: 1.4725~ fr 13-Mar lows"
"S3: 1.4635 * 18-Mar YTD low”