GBPUSD 2016-01-12
GBP/USD
1.4445
as we see over the chart British Bound still holding trades below downtrend line where trend-line resistance at 1.4645
as long as market holding trades below 1.4645 the downtrend movement will sustain toward 1.4405 zone
Market triggered farther drop today as market closing to our target 1.4405
market may obtain small trading zone between 1.4400 & 1.4500 while as long as market holding trades below 1.4500 a chance for farther drop may be at hand toward 1.4250
Support | Resistence | |
Level 1 | 1.4405 | 1.4500 |
Level 2 | 1.4340 | 1.4645 |
Level 3 | 1.4230-50 | 1.4695 |