GBP/USD: 1.5670
Back to down trend
as we advised before , market managed to jump above 1.5625 which allowed farther rebound correction where market managed to hit our target 1.5700-20 zone
as long as market holding trades above 1.5625 the uptrend will sustain while above 1.5720 expect 1.5780-90 zone
below 1.5625 the downtrend pressure will back where 1.5585 and 1.5540 will consider as support level
med-term
as long as market holding trades below 1.5870 the downtrend wave will sustain where targets will sustain toward 1.5380 zone
Daily Trend: Down
Weekly Trend: Down
| Support | Resistence | |
| Level 1 | 1.5625 | 1.5700-20 |
| Level 2 | 1.5585 | 1.5780-90 |
| Level 3 | 1.5540 | 1.5825 |
