Forex Trading Library

GBPUSD 2016-06-21

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GBP/USD

1.4760

British Pound managed last week to sustain drop where market managed to hold trades above support base 1.3950 – 1.4000

market went for fast demand for Pound at the end of last week and on market open this week on signs that votes for remaining UK in the EU is gaining momentum which spur demand for high yield currencies

as we see over our previous chart, and as we advised yesterday that above 1.4770 market may face new bullish signs that may lead toward 1.4950

  Support Resistence
Level 1 1.4745 1.4770
Level 2 1.4695 1.4850
Level 3 1.4580 1.4950
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