GBPUSD 2016-04-25
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 |