GBPUSD 2016-04-25

Posted on

GBP/USD

1.4345

Market managed with Gap price open today to hit 1.4470 today before retreating to cover that Gap.

market will consider (1.4460 – 1.4515) as resistance zone , where as long as market holding below this zone the downtrend pressure may back for another visit toward 1.4300-20 zone .

above 1.4515 resistance , market my open new uptrend wave which may target 1.4640-70 zone

  Support Resistence
Level 1 1.4400 1.4460-1.4515
Level 2 1.4300-20 1.4580
Level 3 1.4100 1.4640-70
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