GBPUSD 2018-02-07

2 1

British Pound managed to fell below 1.4060-80 2 days ago which activated another drop wave that managed also to break below 1.3915 yesterday indicating more drop yet to com

As long as market holding below 1.4000 more drop yet to com toward target 1.3750 and maybe 1.3660

Above 1.4000 zone market may restore uptrend wave with target toward 1.4215

  Support Resistance
Level 1 1.3880 1.3950
Level 2 1.3835 1.4000
Level 3 1.3750 1.4120

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