GBPUSD 2018-02-06

0 1

British Pound managed to fell below 1.4060-80 yesterday which activated another drop wave that will face 1.3915 support level as we advised yesterday

Market is now trying to get close to test support 1.3915 where as long as market holding daily close above this level a rebound correction toward 1.4215 zone will be expected

Below 1.3915 with a daily close below it will activate farther drop wave toward 1.3750 zone

  Support Resistance
Level 1 1.3915 1.3980
Level 2 1.3860 1.4050
Level 3 1.3750 1.4200

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