GBPUSD 2016-02-16
GBP/USD
1.4460
As we see over the chart, market deviate between Up and Down since yesterday while market confused on UK inflation data today.
market seems heading to build triangle formation which may push the market toward bigger movement once break support OR resistance
as long as market holding above 1.4350 will expect the uptrend chance to remain on table toward 1.4815
below 1.4350 market may head for another visit toward 1.4130-50 zone
Support | Resistence | |
Level 1 | 1.4405 | 1.4535 |
Level 2 | 1.4350-70 | 1.4580 |
Level 3 | 1.4200 | 1.4670 |