Forex Trading Library

GBPUSD 2015-11-25

0 114

GBPUSD

1.5060

market managed to break below 1.5080 yesterday in additional signs to sustain drop to test support trend around 1.4980 zone

as long as market holding trades below 1.5110 the downtrend will sustain toward 1.4980 zone which from there market may get rebound correction

a daily close below 1.4980 may activate new downtrend path

above 1.5110 market facing resistance 1.5190

  Support Resistence
Level 1 1.5030-50 1.5110
Level 2 1.4980 1.5190
Level 3 1.4880 1.5250
Leave A Reply

Your email address will not be published.