GBPUSD 2016-06-02
GBP/USD
1.4440
Market managed to head fast for drop movement after a poll signals increasing support for Brexit
market fell below 1.4570 where we advised 2 days ago that below this level market may start downtrend wave that may target 1.4330 zone
intraday trading levels facing resistance at 1.4500-20 zone , while short-run facing resistance at 1.4570
as long as market holding below one of those resistance the downtrend will sustain toward 1.4330 and maybe 1.4280-90 zone
above 1.4570 market may restore strength for farther advance with resistance at 1.4660
Support | Resistence | |
Level 1 | 1.4400 | 1.4500-15 |
Level 2 | 1.4330 | 1.4570 |
Level 3 | 1.4280 | 1.4660 |