GBPUSD 2015-03-04
GBP/USD: 1.5330
Pound & the rebound correction
as we see over the chart, market managed to hold uptrend rebound correction where managed last week to test 1.5550 zone
short-run showing support level around 1.5315 which as long as market holding trades above this zone the rebound correction may sustain toward 1.5580
below 1.5315 the drop pressure may back to affect the market for farther drop to test 1.5215 and maybe 1.5130 zone
Daily Trend: Down
Weekly Trend: Down
Support | Resistence | |
Level 1 | 1.5315 | 1.5480 |
Level 2 | 1.5215 | 1.5530 |
Level 3 | 1.5140 | 1.5580 |