GBPUSD 2016-02-24

Posted on

GBP/USD

1.3920

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 still showing downtrend pressure while market built resistance at 1.3965 and 1.4060

as long as market holding trades below those levels will expect farther drop toward 1.3845 and 1.3655 levels

above 1.4060 market may get more rebound correction to test 1.4160 zone

  Support Resistence
Level 1 1.3900 1.3965
Level 2 1.3845 1.4060
Level 3 1.3655 1.4160
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