GBPUSD 2016-04-29
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 |