GBPUSD 2018-02-15
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 |