The British pound managed to sustain an advance toward the target of 1.3640-60. As explained last week, while the market managed to break above the resistance level of 1.3705 which activated more movement towards the second target of 1.3820.
The market now facing resistance at 1.3820-40 which may provide chance for some drop correction toward the 1.3640-60 zone.
Above 1.3840 the market may activate another advance wave that may target the 1.3980-90 zone.
| Support | Resistance | |
| Level 1 | 1.3770 | 1.3820-40 |
| Level 2 | 1.3720 | 1.3900 |
| Level 3 | 1.3640-60 | 1.3980-90 |
