GBPUSD intraday technical analysis - 20/04/2018
GBPUSD1.40606 / 1.40614
Upwards scenario: GBPUSD remains under the bearish pressure on the medium-term perspective. However, break of resistive measure at 1.4099 (R1) is liable to initiate retracement action towards to our next targets at 1.4160 (R2) and 1.4222 (R3) in potential.
Resistance levels: 1.4099, 1.4160, 1.4222
Support levels: 1.4038, 1.3998, 1.3958