As we advised 2 days ago
British Pound managed to fell below 1.4060-80 2 days ago which activated another Drop wave that managed also to break below 1.3915 indicating more drop yet to com
As long as market holding below 1.4000 more drop yet to com toward target 1.3750 and maybe 1.3660
Above 1.4000 zone market may restore uptrend wave with target toward 1.4215
| Support | Resistance | |
| Level 1 | 1.3835 | 1.3950 |
| Level 2 | 1.3750 | 1.4000 |
| Level 3 | 1.3660 | 1.4120 |
The post Gbpusd 2018-02-08 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
