Forex Trading Library

GBPUSD 2015-03-05

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GBP/USD: 1.5255

Pound on trading zone

Market managed to fell below 1.5315 which placed more drop pressure to test 1.5200-25 zone

as long as market holding trades above 1.5190 a chance to obtain rebound correction toward 1.5480 will sustain , while below 1.5190 market may face more drop pressure to head toward 1.5020 zone

Daily Trend: Down
Weekly Trend: Down

  Support Resistence
Level 1 1.5200-25 1.5280
Level 2 1.5140 1.5335
Level 3 1.5060 1.5450-80
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