GBPUSD 2016-04-29

Apr 29 2016, 2:34 pm

GBP/USD

1.4615

As we see over the chart, market still holding trades above support level where market may expand the projected trading zone to be between (1.4475 – 1.4775)

market support at 1.4575 where as long as market holding above this zone will expect farther advance toward 1.4750-70 zone

below 1.4575 market may expand the drop correction to test 1.4500-25 support, while as long as market holding above 1.4475 the uptrend will sustain toward 1.4750-70 zone

  Support Resistence
Level 1 1.4575 1.4670
Level 2 1.4500-25 1.4750-70
Level 3 1.4475 1.4850
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