Forex Trading Library

GBPUSD 2016-02-15

0 357

GBP/USD

1.4490

As we see over the chart, market is now testing support trend line which may drive market back to continue uptrend movement toward targets 1.4600-25

as long as market holding above 1.4440 expect the uptrend to sustain toward 1.4600-25

below 1.4440 market may enter short-run trading zone between 1.4350 – 1.4440

below 1.4350 market will give signals for farther drop toward 1.4130-50 zone

  Support Resistence
Level 1 1.4440 1.4535
Level 2 1.4350-70 1.4580
Level 3 1.4200 1.4670
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