British Pound managed to hold uptrend movement after the drop correction yesterday where managed to break above 1.3105 and facing now resistance 1.3175 after better than expected UK Retail sales.
Will expect some trading zone between 1.3060 – 1.3175.
Above 1.3175 market may build new uptrend form that may target 1.3335 and 1.3400.
Below 1.3050 market may head for farther drop correction toward 1.2940-60 zone, Orbex experts said (rated among the TOP Forex Brokers Masterforex-V World Academy http://www.masterforex-v.com/).
