Trading Tips:GBP/USD hit 1.5144 during European morning trade, the pair’s highest since March 18; the pair subsequently consolidated at 1.5140, climbing 0.56%.hit 1.5144 during European morning trade, the pair’s highest since March 18; the pair subsequently consolidated at 1.5140, climbing 0.56%.Cable was likely to find support at 1.4957,Thursday’s low and resistance at 1.5256, the high of March 6.The dollar remained under pressure on Thursday after the U.S. Department of Labor said the number of individuals filing for initial jobless benefits increased unexpectedly by 1,000 to 295,000 last week from the previous week’s total of 294,000.
RECOMMENDATION :
BUY GBP/USD ABOVE 1.5190 TARGET 1.5210 1.5240 SL 1.5160
SELL GBP/USD BELOW 1.5150 TARGET 1.5130 1.5110 SL 1.5180
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