GBPUSD 2016-03-24
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 |