GBPUSD 2016-07-25

Jul 25, 11:52 am

as we advised last Friday, market managed to hold support 1.3065 which drived for rebound correction toward 1.3165

market now facing resistance at 1.3195 where as long as market holding below this level the downtrend pressure will sustain where below 1.3035-65 market may head for farther drop toward 1.2870-80 zone

above 1.3195 market may add more advance toward 1.3260-80 zone where resistance at 1.3315 as we see over the chart

  Support Resistence
Level 1 1.3065 1.3190
Level 2 1.2970 1.3315
Level 3 1.2870-80
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