GBP/USD: 1.5425
Pound & the rebound correction
BOE announced today that he is expect inflation to pick up throw 2016 as labor market strengthen , which may push back the process of interest rate hike
short-run
as we see over the chart market managed to obtain daily close above 1.5380 which may provide farther rebound movement toward 1.5580 zone
market support zone now around 1.5200 where as long as market sustain trades above 1.5200 the target will remain toward 1.5580
below 1.5190 expect 1.5070-80 zone
Daily Trend: Down
Weekly Trend: Down
| Support | Resistence | |
| Level 1 | 1.5295 | 1.5440 |
| Level 2 | 1.5195 | 1.5485 |
| Level 3 | 1.5070 | 1.5580 |
