GBPUSD 2018-04-02
As we advised last week
GBPUSD still trying to sustain drop pressure to test support 1.3980-90 zone
As long as market keep holding trades below resistance 1.4090-1.4120 another dip toward 1.3980-90 OR 1.3930-50 zone will be expected which in turn may activate another rebound wave toward 1.4200-40 zone as we see over the chart
Below 1.3930 market may head for farther drop wave toward 1.3780 OR 1.3715-30
Above 1.4120 market may restore strength for farther advance toward 1.4200-40 zone
Support | Resistance | |
Level 1 | 1.3980-90 | 1.4090-1.4120 |
Level 2 | 1.3930-50 | 1.4200-40 |
Level 3 | 1.3780 | 1.4345 |