GBPUSD 2016-06-03
GBP/USD
1.4415
Market managed to head fast for drop movement after a poll signals increasing support for Brexit
market fell below 1.4570 where we advised this week that below this level market may start downtrend wave that may target 1.4330 zone
intraday trading levels facing resistance at 1.4500-20 zone , while short-run facing resistance at 1.4570
as long as market holding below one of those resistance the downtrend will sustain toward 1.4330 and maybe 1.4280-90 zone
above 1.4570 market may restore strength for farther advance with resistance at 1.4660
Support | Resistence | |
Level 1 | 1.4400 | 1.4500-15 |
Level 2 | 1.4330 | 1.4570 |
Level 3 | 1.4280 | 1.4660 |