Forex Trading Library

GBPUSD 2016-06-22

0 189

GBP/USD

1.4675

as we see over our previous chart, and as we advised yesterday that above 1.4770 market may face new bullish signs that may lead toward 1.4950 while as long as market holding below 1.4770 a drop correction may hit the market toward 1.4350 zone

market managed yesterday to retreat from 1.4770 which may give this resistance more power to push the Pound to farther drop

market now facing resistance at 1.4715 and 1.4750-70 where as long as market holding below expect farther drop

above 1.4770 market will face 1.4850 and 1.4950 as potential resistance

  Support Resistence
Level 1 1.4585 1.4715
Level 2 1.4530 1.4750-70
Level 3 1.4435 1.4850
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