GBPUSD 2016-01-11

Jan 11 2016, 12:10 pm

GBP/USD

1.4570

as we see over the chart British Bound still holding trades below downtrend line where first resistance at 1.4645

as long as market holding trades below 1.4645 the downtrend movement will sustain toward 1.4405 zone

above 1.4645 market may have chance for bigger rebound correction where second resistance lay at 1.4815 zone

  Support Resistence
Level 1 1.4540-55 1.4615
Level 2 1.4495 1.4695
Level 3 1.4405 1.4815
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