GBPUSD 2016-04-13
GBP/USD
1.4245
As we saw on market yesterday, British Pound moved in line with expectation which managed to hold the trading zone between 1.4180 – 1.4380
market managed to obtain drop correction from 1.4350 zone yesterday where market managed to head to test support zone 1.4180 – 1.4215 that we advised yesterday.
today market showing ability to advance if market managed to break above 1.4260 where target will be 1.4325
while above this level will expect 1.4380 -1.4410 zone
as long as market holding above 1.4170 we will stick with our positive outlook for farther advance, while below 1.4170 market may head to test 1.4100-15 while below this zone market may attack support level 1.4000
Support | Resistence | |
Level 1 | 1.4170 | 1.4260 |
Level 2 | 1.4100-15 | 1.4325 |
Level 3 | 1.4000 | 1.4380-1.4410 |