GBPUSD 2018-02-05

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As we see over our previous chart and as we advised last week

GBPUSD managed to sustain drop correction toward 1.4080 which in turn may provide another advance wave toward 1.4280 again

As long as market holding trades above 1.4060-80 zone more advance toward 1.4280 will be expected

Below 1.4060 market may add more drop movement where market will face another support at 1.3980

Below 1.3980 more drop toward 1.3915 and maybe 1.3860 may hit the market

  Support Resistance
Level 1 1.4080 1.4175
Level 2 1.3980 1.4280
Level 3 1.3915 1.4345

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