GBPUSD 2016-01-28

Jan 28, 12:30 pm

GBP/USD

1.4335

As we see over the chart market is building rising wedge formation where support at 1.4230 and resistance at 1.4370-90 zone

market may keep trade inside this formation while any break above 1.4390 will add more signals for farther advance toward our second target 1.4525

below 1.4230-40 market may add more drop to re-test 1.4130 zone

 SupportResistence
Level 11.43451.4230-50
Level 21.4375-901.4130
Level 31.45251.4075
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