GBPUSD 2016-01-27

GBP/USD

1.4310

As we see over the chart market managed to jump above downtrend line where managed to re-test resistance 1.4360-70 again

as long as market holding trades above 1.4270 will expect market to sustain strength to break above 1.4370 and head toward our second target 1.4525.

below 1.4260-70 market may have chance to test 1.4130 which may give another opportunity for another advance market toward 1.4525 zone

this model will be corrupted below 1.4075

	Support	Resistence
Level 1	1.4270	1.4360-70
Level 2	1.4130	1.4445
Level 3	1.4075	1.4530