GBPUSD 2016-04-04
GBP/USD
1.4210
As we mentioned last week , market in potential Head & Shoulder formation managed to hit the market with drop movement toward 1.4170 so far, while H&S effect still sustain
Intraday trading scenario showing ability for rebound correction toward 1.4270 if support 1.4170 managed to hold the market
while from 1.4270 will expect the downtrend pressure to back to affect the market toward 1.4115 zone
Support | Resistence | |
Level 1 | 1.4170 | 1.4240 |
Level 2 | 1.4115 | 1.4270 |
Level 3 | 1.4050 | 1.4325 |