GBPUSD 2016-01-06

GBP/USD

1.4655

British Bound managed this week to retreat from first resistance 1.4815 where managed to hold the downtrend movement

market so far build resistance at 1.4680 and 1.4725 where as long as market holding below 1.4725 will expect the downtrend pressure to sustain

Market support zone at 1.4560-80, below this level expect 1.4400 zone

Support Resistence
Level 1 1.4620 1.4680
Level 2 1.4560-80 1.4725
Level 3 1.4400 1.4815

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