GBPUSD 2016-03-30
GBP/USD
1.4380
Market managed to sustain advance in line with expectation where managed today to hit our target zone 1.4400-40
as we see over the chart, market now trying to build Head & Shoulder formation where resistance zone at 1.4440 – 1.4515
as long as market holding below this zone another drop wave may hit the market toward 1.3950 zone
above 1.4515 this Head and Shoulder will be corrupted and another advance toward 1.4600-70 zone will be available
intraday levels showing support at 1.4345-70 where as long as market holding above will expect farther advance inside 1.4440 – 1.4515 zone
Support | Resistence | |
Level 1 | 1.4345-70 | 1.4440-1.4515 |
Level 2 | 1.4260 | 1.4670 |
Level 3 | 1.4195 | 1.4840 |