The GBPUSD hovered around the 50 Fib from last May's decline for most of the last 24 hours.  Then after the release of the FOMC minutes the pair crushed any doubters regarding its recent accent.  The GBPUSD closed trading in New York above resistance at 1.5850.  The Pound has been benefiting from flows inflows from Europe.  It will be interesting to see if this trend continues. The 1.5850 level will be the price to watch heading into Thursday trading.  A hold exposes the .618 fib from May's decline at 1.5904  a break below places support at the 50 fib at 1.5782.

Sup   1.5782 (50 Fib)

Res    1.5904(618 Fib)

Pivot   1.5850

Keane Plan:  Watching the pivot at 1.5850 for a tell regarding at test of either the 50 or 618 fib.

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