Forex Trading Library

GBPUSD 2016-04-07

0 171

GBP/USD

1.4065

Market managed to head for our trading zone from yesterday low 1.4005 while resistance zone of 1.4170-80 managed to hold the downtrend pressure over the Bound

market intraday levels showing resistance at 1.4100-10 where as long as market holding below this levels the downtrend pressure should sustain toward 1.3950

above 1.4110 market may head for intraday trading zone between 1.4090 – 1.4170

above 1.4180 market may head for farther advance toward 1.4280-1.4300 zone

  Support Resistence
Level 1 1.4005 1.4100-10
Level 2 1.3920-50 1.4170-80
Level 3 1.3830 1.4280-1.4300
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