Forex Trading Library

GBPUSD 2016-03-28

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GBP/USD

1.4160

British Pound managed to sustain advance last week toward 1.4183 while still holding below this resistance

as long as market holding below 1.4180 another drop correction toward 1.4080-90 may hit the market while from there will expect another advance toward 1.4230-40 zone

above 1.4180 expect market to head toward 1.4230-40 where above this zone farther advance toward 1.4400 is expected

below 1.4050 market will face 1.3950 as support zone

  Support Resistence
Level 1 1.4080-90 1.4180
Level 2 14050 1.4230-40
Level 3 1.3950 1.4315
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