GBPUSD 2018-02-28

2 2

British Pound managed to hold our trading zone between support 1.3855 and resistance 1.4060-80 for the last 2 weeks

Market managed to retreate below support 1.3855 today where market now facing drop pressure with support at 1.3780 as we see over the chart

As long as market holding above support 1.3780 another rebound correction toward 1.3985 may hit the market

Below 1.3780 market may head for farther drop movement to test 1.3630-50 zone

  Support Resistance
Level 1 1.3780 1.3935
Level 2 1.3630-50 1.3985
Level 3 1.3550 1.4040

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