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 |