GBPUSD is Bullish and may cross 1.5550 mark
GBPUSD Continuously trading in bullish range. On 8th May (Wednesday ) , it may Touch and cross important 1.5550 mark. But traders should trade carefully. Today , main resistant level is 1.5520. If it cross this level , will pick immediate 25 PIPS bounce towards North Side. Some profit booking may seen at 1.5540-1.5550 level towards 1.5510. Ultimate trend is bullish. It Now trading Above 1.5510 levelTrading Strategy On GBPUSD:-
BUY @ 1.5505 , 1.5525, 15540, 1.5560 , 1.5575
SELL @ 154.95 Target 1.5470, 1.5450
Important Note: