GBPUSD 2016-05-24
GBP/USD
1.4585
As we mentioned yesterday, market managed to head for rebound correction toward 1.4540-60 while managed to hit above 1.4575 in signs of more advance yet to come.
market still holding inside uptrend channel for mid-run outlook, where support at 1.4300-30 and resistance at 1.4800-50
this trading zone can hold the market for the coming short-run period
Intraday market still have chance to head to test resistance zone 1.4700 where as long as market holding above support 1.4525-50 the uptrend will sustain
Support | Resistence | |
Level 1 | 1.4525-50 | 1.4660 |
Level 2 | 1.4440-60 | 1.4700-70 |
Level 3 | 1.4400 | 1.4800-50 |