Forex Trading EV0 - GBP/USD Technical - 1st AprilBy Praful Patat GBPUSD backed from Fib No. 61.8 %( 1.6013) from 1.5935 to 1.6151, extension 1.6210, 1.6248 which 61.8% from 1.6400 to 1.5935. GBPUSD is on Fib No. 38.2 %( 1.6112) from 1.6400 to 1.5935, extension 1.5811, 1.5661 still in progress. Break of 1.6018 support next target is 1.5985 and break of 1.6064 going up side toward1.6166 resistance. In GBPUSD strong support at 1.5990-80. Strategy: GBPUSD buy from support or sell from resistance. New High: 1.6089, 1.6157, 1.6095. New Low: 1.5953, 1.6021, 1.5959. Pivot: R3-1.6199, R2-1.6147, R1-1.6116, PP-1.6064, S1-1.6012, S2-1.5980, S3-1.5928.
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