Forex Trading Library

GBPUSD 2016-05-19

0 190

GBP/USD

1.4640

Market managed to advance as market holds above 1.4335-70 where managed to head toward 1.4530-70 where broke above it in signs of more ppl aiding to remain a member at EU which activated farther advance movement

market now facing resistance at 1.4670 where as long as market holding below another drop correction toward 1.4560-80 zone will be expected before farther advance may hit the market toward 1.4760 zone

below 1.4525 market may add more drop correction toward 1.4400-30 zone

  Support Resistence
Level 1 1.4525-65 1.4670
Level 2 1.4470 1.4760-70
Level 3 1.4400 1.4850
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