TECHNICAL DAILY OUTLOOK – GBPUSD 21st of April
EYES ON 1.4850
The possible scenarios for this beginning of week are 2:
– if 1.4850 area will accumulate bulls projections (= if you will never see price dropping substantially below) then price will end with gaining 1.4920, and eventually 1.5045 area
– bearish breach of 1.4850 support will lead to a correction around 1.4780 area back again, between today and tomorrow, and further (eventually) toward 1.4710.
Author: Simone Ambrogio
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