GBPUSD 2016-06-22
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 |