GBPUSD 2016-03-03

Posted on

GBP/USD

1.4080

market managed to break above resistance 1.4040 which activated another advance movement which we expect to target 1.4140-70 zone

short-run support at 1.4030-40 zone which we expect market to hold for another advance toward 1.4140-70

below 1.3985 expect farther drop toward 1.3900 zone

  Support Resistence
Level 1 1.4030-40 1.4105
Level 2 1.3985 1.4140-70
Level 3 1.0905 1.4260
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