GBPUSD 2018-01-16
As we advised yesterday and as we see over our previous chart
British Pound failed to break above resistance 1.3820-40 which activated another drop correction wave that may target 1.3640-60 zone as we advised before
From that zone 1.3640-60 willl expect the uptrend to back again to affect market toward 1.3820-40 again
below 1.3640-60 market may risk for farther drop movementmaybe toward 1.3535
| Support | Resistance | |
| Level 1 | 1.3720 | 1.3780 |
| Level 2 | 1.3640-60 | 1.3820-40 |
| Level 3 | 1.3580 | 1.3900 |


![Credit Card 160×600 [EN]](https://assets.iorbex.com/blog/wp-content/uploads/2023/06/13144507/Blog-Banner_EN-Banner_160X600X2.webp)