
The pound held inside our expected trading zone so far and managed today to test the support zone and target of 1.3200-20.
This trading zone could control the market between support 1.3200-20 and resistance 1.3435.
Above 1.3435 more advance toward 1.3635-45 will be expected.
Below 1.3200 more of a drop toward 1.3030 will be expected.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.3200-20 | 1.3435 |
LEVEL2 | 1.3030 | 1.3635-45 |
LEVEL3 | 1.2910 | 1.3800 |
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