GBPUSD 2016-05-17
GBP/USD
1.4490
Market managed to jump above 1.4425 which activated bigger rebound toward 1.4500-30 zone as we advised yesterday
market now facing resistance zone at 1.4530-70 as we see over the chart, which may add drop pressure over Pound to resume the downtrend wave toward 1.4200 zone
above 1.4575 market may build new uptrend wave that may push Pound toward 1.4680-1.4720 zone
Support | Resistence | |
Level 1 | 1.4450 | 1.4530-70 |
Level 2 | 1.4375 | 1.4650 |
Level 3 | 1.4300 | 1.4720 |