
The Pound dropped as prices remained below the resistance of 1.3635-45 and printed a 1.3415 low yesterday.
As we see over the Intraday chart, the market is facing the first Intraday resistance around 1.3525, where as long as the market holds below it, a further drop towards 1.3330 is likely.
Above 1.3525 the market could restore strength for a further advance with resistances at 1.3635-45 and 1.3735.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.3415 | 1.3525 |
LEVEL2 | 1.3330 | 1.3635-45 |
LEVEL3 | 1.3250 | 1.3735 |
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