GBPUSD 2016-03-24

Posted on

GBP/USD

1.4135

Market managed to head to test 1.4050-60 target zone as we show on our previous chart yesterday while market managed to jump into rebound correction after UK Retail Sales

as long as market holding above 1.4050 will expect farther advance toward 1.4240 zone while above this zone the rebound correction may sustain toward 1.4430 zone

below 1.4050 market may head for farther drop to test 1.3945-55 zone where from there market may head for another rebound correction

  Support Resistence
Level 1 1.4050-80 1.4135-55
Level 2 1.3945-55 1.4240
Level 3 1.3870 1.4430
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