Forex Trading Library

GBPUSD 2016-05-31

0 149

GBP/USD

1.4615

Market managed to advanced toward 1.4725 before heading for fast drop to test 1.4570 support level

as long as market holding above 1.4570 the chance for farther rebound toward 1.4800-50 zone will be available

below 1.4570 market may initiate downtrend wave that may target 1.4330 zone

  Support Resistence
Level 1 1.457 1.4660
Level 2 1.4525 1.4740-70
Level 3 1.4440 1.4850
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