GBP/USD has been trading sideways from the price 1.3805- 1.3820.
Resistance levels:
R1: 1.3845
R2: 1.3877
R3: 1.3945
Support levels:
S1: 1.3776
S2: 1.3745
S3: 1.3694
Our preference: short positions below 1.3900 with targets at 1.3775 & 1.3745 in extension.
Alternative scenario: above 1.3900 look for further upside with 1.3945 & 1.4000 as targets.
