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GBP/USD 1.9868 - 31 March
GBP/USD Open 1.9932 High 2.084 Low 1.9885 Close 2.0034

The Sterling overcame the past key support at 2.0035 in downward direction on Friday, which is 38% Fibonacci Correction of the descent 2.1155 - 1.9355, and first resistance for today. Next supports are expected at today's bottom 1.9840, followed by 1.9790, and 1.9740. In upward direction next resistance after 2.0035 is expected at 2.0180, followed by 2.0240.

Technical resistance levels: 2.0035 2.0180 2.0240
Technical support levels: 1.9840 1.9790 1.9740

Trading range: 1.9880 - 1.9805

Trend: Downward
Sell at 1.9868 SL 1.9898 TP 1.9818