Have a look at the attached chart for the intra-day levels for GBPUSD. Again, these levels were drawn by me quite some days back and they seem to be holding very well, as can be seen from the chart.
For today, I would expect GBPUSD to be trading between 1.6180 to 1.6040. I would expect an upthrust towards 1.6160-1.6180 during the early european hours and then we should expect a move down towards 1.6040.
Again, i cant stress this enough. Analysis is one thing and trading is another. Look at your charts, be nimble. Dont be stubborn. Trade well.
