GBPUSD 2016-03-02

Posted on

GBP/USD

1.3940

market managed to fell to test support 1.3845 as we see over the chart, while managed from there to rebound toward target zone 1.3960-1.4000 as we advised before

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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