GBP/USD, Pound finally broke the psychological 1.5000!
After the March 18. and huge fail brake (FOMC day), the Pound didn’t manage to brake 1.5000, not until today, one month latter. With 1.5052 high, the resistance is broken, that’s for sure, but this level must be defended and the pair must close the day/this week above, how 1.5000 will become support. For the bulls, 1.5170/200 will be the next target, the 23.6 fibo return of the huge GBP/USD decline, started from July 2014. If the Pound close this week above 1.5000, this will be the biggest weekly gain from that date. Let’s see!?
Forex Trader 