GBPUSD 2015-12-16

GBPUSD

1.4995

As we see over the chart, British Bound managed to break below support line of the uptrend channel which may add more drop pressure to sustain movement toward 1.4945

market face support zone at 1.4890-1.4945 zone, which may provide support zone for the market, while below 1.4890 market may open new downtrend wave toward 1.4740 and 1.4640

Support Resistence
Level 1 1.4945 1.5065
Level 2 1.4890 1.5110
Level 3 1.4740 1.5180

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss