GBPUSD 2015-10-28
GBPUSD
1.5308
market managed to fell below support line of the triangle model , which add more drop pressure over British Pound where target now become toward 1.5180-1.5200 zone.
first resistance at 1.5310-30 zone and 1.5380, as long as market holding trades below 1.5330 the downtrend pressure will sustain for the short-run toward 1.5200 zone.
today fed Rate decision may rise market liquidity which may add risk for market trades
Support | Resistence | |
Level 1 | 1.5280 | 1.5310-30 |
Level 2 | 1.5200 | 1.5380 |
Level 3 | 1.5110 | 1.5420 |