#GBPUSD Next resistance level is seen at 1.6649 (R1). - TopicsExpress

#GBPUSD Next resistance level is seen at 1.6649 (R1). Subsequently loss here might create upside momentum and drive market price towards to our initial targets at 1.6674 (R2) and 1.6700 (R3) in potential. Downwards scenario: On the other hand, instrument might retest our next support level at 1.6607 (S1) later on today. Market decline below it would create bearish sentiment and enable our interim target at 1.6589 (S2). Final support for today locates at 1.6568 (S3). Resistance Levels: 1.6649, 1.6674, 1.6700 Support Levels: 1.6607, 1.6589, 1.6568

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