Forex Trading Library

GBPUSD 2016-01-07

0 95

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 managed to hit below 1.4560 which signaling farther drop , as long as market holding below 1.4670 the downtrend will sustain toward 1.4400 zone

  Support Resistence
Level 1 1.4560 1.4670
Level 2 1.4440 1.4725
Level 3 1.4360 1.4815
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