GBPUSD 2016-03-16

Posted on

GBP/USD

1.4102

Market fell below support 1.41.10-20 which placed more drop pressure over Bound to visit 1.4040 support zone

market now having resistance at 1.4200 zone where as long as market holding below expect farther drop to test 1.4040 zone

below 1.4040 market may head to test 1.3935, while above 1.4200 market may obtain farther rebound correction toward 1.4325-50 zone

  Support Resistence
Level 1 1.4040 1.4200
Level 2 1.3940 1.4325-50
Level 3 1.3840 1.4435
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