Forex Trading Library

GBPUSD 2015-12-03

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GBPUSD

1.4930

Market managed to fell below support trend 1.4960-80 zone with daily close below it which may add more drop pressure over the market for short-run

as long as market holding trades below 1.5000 the downtrend movement will sustain toward 1.4855 & 1.4740

above 1.5000 market may head for another rebound correction with first resistance at 1.5125

  Support Resistence
Level 1 1.4855 1.5000
Level 2 1.4790 1.5075
Level 3 1.4740 1.5125
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