GBPUSD 2018-02-06

Posted on

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
(Visited 15 times, 1 visits today)

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

- Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

© Orbex