GBP/USD: Pound breaks

Latest news on GBP/USD: Pound breaks

Throughout Asian session, the Pound has lost the entire base, going down under 1.4920 support level to hit intra-day low levels under 1.4885 support.
Now, the Pound trades under 1.4885 support level, next support level can be 1.4750/60 and under that point, 1.4700. On the positive aspect, over 1.4920, next resistance can lie at intra-day high 1.4980 and then 1.5050.
Tim Salem reports that collaborator at FXstreet.com, rejection from 1.4980 could bring the pair as low as 1.4803: ?Bullish Momentum carries Price to the IntraDay High at 1.4984, where slight Rejections sees Dynamic Support Confluence at the 1.4926/1.4920 with the Hourly 20SMA. A Breach here sees the Daily Pivot at 1.4868 followed Dynamically by 1.4835 and the 1.4803 Handle-Area in the Near-Term. ?
Read More Here

Crude Oil Futures Gains as Worries over Global Supplies Escalate

www.livecharts.co.uk

European Stocks move in Bullish Rally Triggered by Successful Italian Bonds Auction

www.livecharts.co.uk

EIA Reports Unexpected Increase in Crude Oil Inventories

www.livecharts.co.uk

Weekly Outlook for Forex Markets

www.livecharts.co.uk

Gold Futures Jump in Reaction to Weaker Greenback

www.livecharts.co.uk

Crude Oil Ends at its Record High in Reaction to Tensions in Iran

www.livecharts.co.uk