GBPUSD 2016-07-20

Jul 20, 11:34 am

Market managed to broke below 1.3100 support level before head for rebound correction on better than expected data from UK labor market

market still facing resistance level of 1.3315 , while market still have room for farther advance toward 1.3260-80 zone, as long s market holding below 1.3315 the downtrend pressure will sustain toward 1.3000

above 1.3315 market will face 1.3460-85 and 1.3550 as resistance levels

 SupportResistence
Level 11.31151.3315
Level 21.30651.3460-85
Level 31.3000
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