GBPUSD 2018-01-24

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British Pound managed to retrive uptrend wave after yesterday drop correction where market managed to break above 1.4000 resistance zone where managed early today to close from target 1.4120 as we advised yesterday

Market still on the heavy uptrend wave where market facing Intraday-Level support at 1.4050 as we see over the chart

As long as market holding above 1.4050 and once break above 1.4120 another advance wave may hit the market toward 1.4260 zone

Below 1.4050 market may head for farther drop correction toward 1.3950

  Support Resistance
Level 1 1.4050 1.4120
Level 2 1.3950 1.4180
Level 3 1.3820-50 1.4260


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