GBPUSD 2016-03-23
GBP/USD
1.4190
Bound managed to sustain drop movement while market still waiting to test 1.4120 zone
market short-run facing resistance at 1.4240 where as long as market holding below this level the drop pressure will sustain, while above 1.4240 market will face 1.4280-1.4310 resistance zone
any daily close above 1.4215 will be sign of reverse market trend , while a daily close below 1.4200 may add more drop pressure
Support | Resistence | |
Level 1 | 1.4120 | 1.4240 |
Level 2 | 1.4050 | 1.4280-1.4310 |
Level 3 | 1.3950-80 | 1.4400 |