On Wednesday, March 26, market profile British pound can be attributed to trend day. The British pound strengthened against the U.S. dollar before today's publication of important fundamental data that determine the future until the end of the medium-term direction of the pair , which so far looks very promising. On the day the fair price protection zones are located in areas VAL- 1.6523 and VAH -1.6570. Control point POC was formed in 1.6530. Forecast for today : In today's Asian session, the British pound was trading in a sideways channel against the U.S. dollar . Pound yesterday reached an important resistance level in VAL 19 March -1.6584 above which movement GBP / USD may continue to VAL March 12- 1.6602 and then to the main purpose of yesterday near VAL March 17- 1.6623. Most long longs will wait test level VAH 19 March -1.6640, where you can watch the first profit-taking. Speaking of sales, we can confidently say important support level VAH March 20- 1.6561, below which is also a strong area POC March 26- 1.6530 and VAH March 21- 1.6510.
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