• GBP/USD mooted offers at 1.5050 & 1.5080 are appreciation obstacles beyond 1.5035
  • 1.5035 = high water-mark for cable since 1.4960 (Ldn am low)
  • 1.4960 London am low plumbed after surprise 0.5% fall in UK Mar retail sales
  • 1.5049 = rally high from Wednesday’s 1.5011 NY session low, 1.5080 was Wednesday’s 5wk high 

The material has been provided by InstaForex Company – www.instaforex.com