GBPUSD 2016-04-20

Posted on

GBP/USD

1.4405

As we see over the chart, market managed to hit our second target (1.4380 – 1.4400) zone before obtain drop correction today toward (1.4345) on UK economic data.

we still see zone of (1.4310) is the support zone for the intraday uptrend wave while resistance laying at (1.4460) zone

below (1.4240) market will lose strength that may drive market back toward (1.4100) zone

above (1.4460) market may head to attack resistance (1.4515)

  Support Resistence
Level 1 1.4310 1.4460
Level 2 1.4240 1.4515
Level 3 1.4150-70 1.4585
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