GBPUSD 2016-01-27
GBP/USD
1.4310
As we see over the chart market managed to jump above downtrend line where managed to re-test resistance 1.4360-70 again
as long as market holding trades above 1.4270 will expect market to sustain strength to break above 1.4370 and head toward our second target 1.4525.
below 1.4260-70 market may have chance to test 1.4130 which may give another opportunity for another advance market toward 1.4525 zone
this model will be corrupted below 1.4075
Support | Resistence | |
Level 1 | 1.4270 | 1.4360-70 |
Level 2 | 1.4130 | 1.4445 |
Level 3 | 1.4075 | 1.4530 |