GBPUSD 2018-01-16
As we advised yesterday and as we see over our previous chart
British Pound failed to break above resistance 1.3820-40 which activated another drop correction wave that may target 1.3640-60 zone as we advised before
From that zone 1.3640-60 willl expect the uptrend to back again to affect market toward 1.3820-40 again
below 1.3640-60 market may risk for farther drop movementmaybe toward 1.3535
Support | Resistance | |
Level 1 | 1.3720 | 1.3780 |
Level 2 | 1.3640-60 | 1.3820-40 |
Level 3 | 1.3580 | 1.3900 |