Forex Trading Library

GBPUSD 2016-02-23

0 151

GBP/USD

1.4090

London Mayor announcement that he support exit from EU still weighing on British Pound for farther drop with price Gap lower on market open this week

intraday signals showing resistance level at 1.4185 which as long as market holding below this level the downtrend will sustain toward 1.4030 and 1.3930

above 1.4185 market may have chance to test 1.4250-95 the second resistance zone, above 1.4295 market will have chance to go back to test zone 1.4385-1.4405

  Support Resistence
Level 1 1.4030 1.4185
Level 2 1.3980 1.4250-95
Level 3 1.3930 1.4385-1.4405
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