GBPUSD 2018-02-15

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British Pound also managed to back to advance wave after the drop correction after U.S CPI while market managed to hit target 1.4040-60

Intraday Levels showing resistance at 1.4080 while market showing ability for trading zone between 1.3925 and 1.4140-70

As long as market holding below 1.4080 another drop wave toward 1.3925 may hit the market before uptrend back again toward 1.4140

Above 1.4080 market may add more advance toward 1.4140-70 zone befor market back to drop correction toward 1.4070 zone as we see over the chart

Above 1.4170 more advance toward 1.4270-85 is expected

  Support Resistance
Level 1 1.3995 1.4080
Level 2 1.3925 1.4170
Level 3 1.3760 1.4285

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