GBP/USD
1.4886
Market maybe trying to rebound from an approaching Support zone of 1.4904 -1.4844.
Market does look like it favors a short term downwards move as a continuation of its current trend before making a corrective move upwards based on the pattern shown in the charts above.
The above shown geometric pattern signals a probable upward corrective move toward its targets of 1.4937- 1.4983
| Support | Resistence | |
| Level 1 | 1.4904 | 1.4937 |
| Level 2 | 1.4869 | 1.4963 |
| Level 3 | 1.4844 | 1.4982 |
