Forex Trading Library

GBPUSD 2016-05-27

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GBP/USD

1.4650

Market managed to sustain advance toward our target 1.4720-40 zone

market facing support levels at 1.4600 where as long as market holding above one of those support the chance for more advance toward 1.4800-50 zone will be available

below 1.4575 market may enter new drop wave that may target 1.4330-70 over short-run

  Support Resistence
Level 1 1.4570-99 1.4770
Level 2 1.4525 1.4820-50
Level 3 1.4440 1.4915
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