
The Pound dropped and managed today to test the support trend of 1.3440-70 and hit a rebound.
The market still faces resistance around 1.3635-45 with support at 1.3440-70 which could create a trading zone.
Above 1.3645 more advance will be expected with resistances at 1.3735 and 1.3835.
Below 1.3440 more of a drop is likely with support around 1.3330.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.3440-70 | 1.3635-45 |
LEVEL2 | 1.3330 | 1.3735 |
LEVEL3 | 1.3250 | 1.3835 |
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