As we advised yesterday and as we see over our previous chart
GBPUSD managed to head for drop correction to test support 1.3990 where market managed to print few pips below this level which is not break
As long as market sustain trades above 1.3980-90 another chance for another advance to test 1.4140-60 zone is expected before market head for another drop wave toward 1.3900-20 zone
from another hand if market fell below 1.3980-90 more drop will be expected which may lead for another test for the uptrend line around 1.3890-1.3920 zone
Above 1.4160 market may Or may not continue advance toward 1.4280
Below 1.3890 more drop toward 1.3750-80 zone is expected
| Support | Resistance | |
| Level 1 | 1.3980-90 | 1.4090 |
| Level 2 | 1.3890 | 1.4140-60 |
| Level 3 | 1.3750-80 | 1.4280 |
