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 |
The post Gbpusd 2018-01-16 appeared first on Orbex Forex Trading Blog.
This post first appeared on Orbex Forex Trading Blog - Forex Trading Library, please read the originial post: here
