GBPUSD 2018-04-18
British Pound got slam today on lower than expected Inflation data
However market still holding trades above Short-Run support 1.4130, where as long as market holding above this zone more advance toward 1.4380 and 1.4440 still on hand
Below 1.4130 market may head for farther drop to test uptrend swing around 1.4040-50 zone which in turn may push for rebound correction toward 1.4130
Below 1.4040 market may risk for farther drop toward 1.3850
Support | Resistance | |
Level 1 | 1.4130 | 1.4280 |
Level 2 | 1.4040-50 | 1.4380 |
Level 3 | 1.3850 | 1.4440 |