GBPUSD 2018-04-19
As we advised yesterday
market still holding trades above Short-Run support 1.4130, where as long as market holding above this zone more advance toward 1.4380 and 1.4440 still on hand
Intraday Levels managed to push market again today toward resistance zone 1.4245-70 which may provide some drop correction toward 1.4060-80 zone which in turn may activate again the advance wave toward 1.4440
below 1.4130 more drop to test 1.4040-50 may hit the market which in turn may provide a rebound correction toward 1.4130
Below 1.4040 a serious drop risk may hit the market
Support | Resistance | |
Level 1 | 1.4160-80 | 1.4245-70 |
Level 2 | 1.4130 | 1.4380 |
Level 3 | 1.4040-50 | 1.4440 |