GBPUSD 2016-01-28
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GBP/USD
1.4335
As we see over the chart market is building rising wedge formation where support at 1.4230 and resistance at 1.4370-90 zone
market may keep trade inside this formation while any break above 1.4390 will add more signals for farther advance toward our second target 1.4525
below 1.4230-40 market may add more drop to re-test 1.4130 zone
Support | Resistence | |
Level 1 | 1.4345 | 1.4230-50 |
Level 2 | 1.4375-90 | 1.4130 |
Level 3 | 1.4525 | 1.4075 |