GBPUSD 2016-01-04

GBP/USD

1.4795

British Bound managed also to obtain rebound correction where first resistance at 1.4815 managed to stop the market so far

as long as market holding below 1.4815 will expect the downtrend pressure to sustain toward 1.4645, while above 1.4845 will expect more advance to re-test resistance zone 1.4940

Support Resistence
Level 1 1.4750 1.4815
Level 2 1.4695 1.4845
Level 3 1.4645 1.4940

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