Forex - Chart GBP/USD Update: Starting above 1.28

 07:23 (GMT) 14 Jan

  [Forex Charts]

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Chart GBP/USD Update: Starting above 1.28 (0101-HKHM-C01)

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Asterisk denotes strength of level

07:10 GMT - A late Fri push and now a steady open (above Fri value) has overturned the potential 1.28~ rejection noted near the end of last week. Now we look long above 1.2800 but with an eye on 1.2925 next resistance (also a feasible ceiling.) Push past 1.2925 as well opens upside to 1.21 next. Cut lower at 1.28 (closing low) today hauls GBP back into range- neutral at best with 1.27 support.

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