GBPUSD 2016-03-15

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GBP/USD

1.4175

Market managed to fell below 1.4250 where managed to activate drop movement that will face support zone at 1.4110-20 as we advised yesterday.

as long as market holding above 1.4110 will expect a trading zone between 1.4110 & 1.4250

above 1.4250 expect farther gain toward 1.4325-50 while below 1.4110 market may sustain drop toward 1.4040 zone

  Support Resistence
Level 1 1.4110-20 1.4250
Level 2 1.4040 1.4325-50
Level 3 1.3940 1.4430

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