GBPUSD 2016-02-05
GBP/USD
1.4535
as we see over the chart, market managed to advance on US dollar drop rally while market trying to obtain drop correction so far.
market face support at 1.4470 and 1.4410 which market may rebound from there to sustain the uptrend movement which will depend on today US non-farm data
as long as market holding above 1.4410 we will expect the uptrend to sustain toward 1.4800 zone
below 1.4410 market may signaling farther drop toward 1.4130
Support | Resistence | |
Level 1 | 1.4470 | 1.4610 |
Level 2 | 1.4410 | 1.4670 |
Level 3 | 14325 | 1.4800 |