TECHNICAL ANALYSIS BY NSFX 15.03.2016
Cable hit resistance at 1.4436 last week and yesterday and today so far saw two down days for the Pound. Support currently being tested at the 1.42 figure area. A break below could see 1.4080 and then 1.4020 offering support before the 1.40 figure comes into play. Resistance expected towards 1.4350 should bullish sentiment return.