H4 Chart
R3 1.6539
R2 1.6516
R1 1.6502
Pivot 1.6478
S1 1.6455
S2 1.6441
S3 1.6417
Disappointing USD news such as Pending Home Sales m/m, Pending Home Sales m/m etc gave a good chance for GBP to get some strength since last week. Again, GU is climbing up 45 degree until it meet R3 level today. MACD still showing som strength for GU to raise higher although the trend already slow down since last few hours ago. We can refer to the blue trendline for the movement of GU on today.
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