GBPUSD 2016-05-31

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

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss