GBP future March delivery touched 1.9634 low on friday's session, just few ticks above the low level touched on 6th June and on 17th August.
We believe that if it forces this support it will move towards the lower blu trendline where it could find a very solid support.
Since our last signal on Sunday 6th January, GBP future has tried to force downwards the orange trendline. However this seems to be a solid support still.We suggest to sell in case the price breaks 1.9605. Target 1.9459, stop 1.9735.
On Tuesday 12th February we wrote about Nat Gas future (march delivery), we expected it to close the gap left open on Monday 11th. It seems that it tried to close the gap on Wednesday missing a perfect closure for 6 ticks only. It was then pushed again above the red dashed trend line and it made a long spike towards 8.755 level where we expected to find its first resistance. Today it is trading few ticks above that level. Next resistance 9.080, support red dash line (8.380).
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