
The Pound still hold below the downtrend resistance zone which is now around 1.3325-60.
As long as the market holds below this resistance zone, another drop will be expected to test the 1.3200-20 zone while below this level more of a drop will be expected towards 1.3030.
Above 1.3360 more advance toward 1.3440 and above is likely.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.3200-20 | 1.3325-60 |
LEVEL2 | 1.3140 | 1.3440 |
LEVEL3 | 1.3030 | 1.3635 |
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