GBPUSD 2016-05-02
GBP/USD
1.4615
Market managed last week to hit 1.4670 in signs of more advance yet to come
market as we see over the chart holding above uptrend line where support at 1.4575 , as long as market holding above this support market may sustain advance toward 1.4750-70 zone
however market showing signals that more drop correction may hit the Pound toward 1.4500-25 zone before market resume advance toward 1.4750-70 zone
downtrend risk start from below 1.4475
Support | Resistence | |
Level 1 | 1.4575 | 1.4670 |
Level 2 | 1.4500-25 | 1.4750-70 |
Level 3 | 1.4475 | 1.4850 |