GBPUSD Technical Analysis 23-01-18

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The British Pound managed to meet its target today in the 1.3980-90 zone as we have been discussing since last week.

the market may face a drop correction from this zone, where 1.3805 and 1.3725 may become possible target areas.

Above the 1.4000 point the market may sustain an advance towards the 1.4060 point and possibly 1.4120.

Support Resistance
Level 1 1.3900 1.3980-90
Level 2 1.3805 1.4060
Level 3 1.3725 1.4120


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