Forex Trading Library

GBPUSD 2015-09-28

0 163

GBPUSD

1.5192

Sterling One more time a sell-off generated after the previous re-test of the broken channel , however now all the market players are keeping an eye on 1.51s . This level if market below it then 1.49 the target on the short term but the 1.46s will be achieved with a probability at 60%.
In case rebounded from 1.51s then the coming upper move would be suspected as a trend but we will see a trading range between 1.55s – 1.51s.

  Support Resistence
Level 1 1.5120 1.5220
Level 2 1.5050 1.5380
Level 3 1.4920 1.55s
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