GBPUSD 2016-04-05

Posted on

GBP/USD

1.4210

As we saw in yesterday trading levels, market managed o obtain rebound correction as expected while advance above our projected target with around 50 pips to hit 1.4320 zone before retreating back inside the downtrend wave

market now having support at 1.4150-60 zone which may case another rebound correction toward 1.4270-80 zone

as long as market holding below 1.4325 will expect this downtrend wave to sustain toward 1.3950

intraday indicators showing ability for intraday trading zone between 1.4150 – 1.4280

  Support Resistence
Level 1 1.4150-60 1.4270-80
Level 2 1.4050-80 1.4325
Level 3 1.3950 1.4380-1.4400
(Visited 9 times, 1 visits today)

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

- Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

CategoriesGBPUSDTags,

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

© Orbex