GBPUSD 2016-02-29

Posted on

GBP/USD

1.3860

market managed to fell to test support 1.3845 as we see over the chart, while as long as this support stand a chance for rebound correction may sustain toward 1.3960-1.4000 zone

from that zone will expect the downtrend pressure to back on market to head toward 1.3655 zone, while market have chance to sustain drop without any rebound correction and so keep eye on first resistance 1.3915

above 1.4040 expect 1.4140-60

  Support Resistence
Level 1 1.3845 1.3915
Level 2 1.3780 1.3960-1.4000
Level 3 1.3720 1.4040
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