GBPUSD 2016-04-13

Posted on

GBP/USD

1.4245

As we saw on market yesterday, British Pound moved in line with expectation which managed to hold the trading zone between 1.4180 – 1.4380

market managed to obtain drop correction from 1.4350 zone yesterday where market managed to head to test support zone 1.4180 – 1.4215 that we advised yesterday.

today market showing ability to advance if market managed to break above 1.4260 where target will be 1.4325
while above this level will expect 1.4380 -1.4410 zone

as long as market holding above 1.4170 we will stick with our positive outlook for farther advance, while below 1.4170 market may head to test 1.4100-15 while below this zone market may attack support level 1.4000

  Support Resistence
Level 1 1.4170 1.4260
Level 2 1.4100-15 1.4325
Level 3 1.4000 1.4380-1.4410
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