GBPUSD 2016-03-01

0 2

GBP/USD

1.3985

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 (which already done today as market printed 1.4018 high)

from that zone will expect the downtrend pressure to back on market to head toward 1.3655 zone as long as market holding trades below 1.4040

from another hand if market managed to hit above 1.4040 this may create short-run trading zone between 1.3900 – 1.4140 zone

  Support Resistence
Level 1 1.3900 1.4040
Level 2 1.3845 1.4100
Level 3 1.3720 1.4140-70

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