Forex - Chart GBP/USD Update: Looking to close high this week


 14:30 (GMT) 19 May

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Chart GBP/USD Update: Looking to close high this week (0100-PKVZ-C01)

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Asterisk denotes strength of level

15:20 GMT - A solid rise out of s/ term balance this morning can still stretch into 1.3045 this afternoon , to close a strong week on the high. There's upside for this rally to 1.3075 or so anyway into next week (overhead trend), with 1.3120 a further next ref. pt. Long term- now clear of the Nov-April range, GBP faces the Jul-Sep area next- build above 1.32 would be very bullish.


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