GBPUSD 2016-02-26

Posted on

GBP/USD

1.3945

British Pound managed to hit above 1.3960-65 which managed to push the market toward 1.4040-60 zone before market retreat

so far market showing ability to sustain trades between 1.3900 – 1.4060 , while above 1.4060 market may head to test 1.4160-80 zone

below 1.4845 market may sustain downtrend wave toward 1.3655 zone

  Support Resistence
Level 1 1.3920 1.4060
Level 2 1.3875 1.4160-80
Level 3 1.3845 1.4290
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