GBPUSD 2016-03-18

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GBP/USD

1.4445

Market retreated from 1.4500 zone while short-run still holding trades above support 1.4400 so far

market facing support zone at 1.4370 – 1.4400 where as long as market holding above expect farther advance toward 1.4540-70 zone

below 1.4370 market will add more drop pressure which may lead for farther drop toward 1.4290 and 1.4220

  Support Resistence
Level 1 1.4370-1.4400 1.4500
Level 2 1.4290 1.4540-70
Level 3 1.4220 1.4660

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