Forex Trading Library

GBPUSD 2016-02-04

0 185

GBP/USD

1.4650

as we see over the chart, market managed to break above triangle model and managed to hit our target 1.4525 while managed to sustain advance on market dollar sell off

today market waiting BOE infltion report with MPC announcement which may lead for some weakness on British Pound

technical analysis see support at 1.4400-60 zone where as long as market holding above this zone will expect uptrend to sustain toward 1.4815 as first target

  Support Resistence
Level 1 1.4560 1.4680
Level 2 1.4460 1.4725
Level 3 1.4400 1.4815
Leave A Reply

Your email address will not be published.