Forex

GBP-USD @ 1.9777/81...Holding Long
R: 1.9820 / 1.9863
S: 1.9760 / 1.9726
GBP-USD dipped during the day to a low of 1.9720 and has seen a sharp rally since then. Our buy order has been executed. The pair could continue with its recovery later on in the day.
Today the initial Resistance would come in at 1.9820. Above that the Resistance would come in at 1.9863, the statistically projected Max High for the day. On the downside the Support is at 1.9760 and 1.9726, the statistically projected Max Low for the day. We are holding a Long position.

Holding:
GBP 10K Long at 1.9750, SL 1.9690, TP 1.9900