Forex Trading Library

GBPUSD 2016-06-13

0 167

GBP/USD

1.4170

Market managed to fell below 1.4300 support last Friday which triggered downtrend wave as we advise last week

market now facing downtrend wave that may target 1.3950 – 1.4000 zone

as long as market holding below 1.4350 resistance the downtrend will sustain toward our target zone

above 1.4350 market may head for farther advance toward 1.4600

  Support Resistence
Level 1 1.4115 1.4220
Level 2 1.4000 1.4280
Level 3 1.3950 1.4350
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