GBPUSD 2016-04-06

GBP/USD

1.4080

As we see over the chart market managed to break below the support level of the triangle (1.4170-80) which managed to hold the Bound below to add more drop where support now at 1.4050-60

we may expect some trading zone between 1.4050-60 & 1.4170-80 as we see over the chart

from another side the Head & Shoulder formation still ongoing which promising more drop toward first target 1.3950

above 1.4170-80 market may head for farther advance toward 1.4280-1.4300 zone

	Support	Resistence
Level 1	1.4050-60	1.4120
Level 2	1.3950	1.4170-80
Level 3	1.3835	1.4280