GBPUSD 2016-05-02

0 1



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


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