GBPUSD 2016-02-19

Posted on

GBP/USD

1.4290

Market managed yesterday to advance to test resistance zone of 1.4385-1.4405

market now have chance for trading zone between 1.4235 – 1.4395

as long as market holding trades below 1.4405 the downtrend pressure will sustain toward target 1.4130-50

above 1.4405 maket will gain strength again to attack resistance trend-line 1.4470-90, while above this zone the 1.4625 target will back to table again

  Support Resistence
Level 1 1.4235 1.4345
Level 2 1.4130-50 1.4385-1.4405
Level 3 1.4075 1.4470-90
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