British Pound managed to jump toward resistance 1.3280 on better than expected Inflation data which spur expectation for another rate hike this year
As we advised before and once market broke above 1.3270 the market may enter new uptrend wave toward target 1.3490
Market will face support at 1.3160 where as long as market holding above more advance toward 1.3490 is expected
Below 1.3160 more drop toward 1.3060 will be expected
| Support | Resistance | |
| Level 1 | 1.3220 | 1.3280 |
| Level 2 | 1.3160 | 1.3360 |
| Level 3 | 1.3060 | 1.3490 |
