GBPUSD 2016-04-18

Posted on

GBP/USD

1.4187

Market retreat from 1.4240 zone high of last Friday, while makrket managed to test another support line inside Intraday trading levels.

as long as market holding above 1.4125 will expect another try to obtain rebound correction toward 1.4300-20 zone, which may be able to increase toward 1.4380-1.4400 zone

below 1.4125 mrket may add more drop pressure to test 1.4005-30 zone and 1.3920-50 zone

  Support Resistence
Level 1 1.4125 1.4240
Level 2 1.4005-30 1.4300-20
Level 3 1.3920-50 1.4380-1.4400
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