GBPUSD 2016-08-08
British Pound managed to hold downtrend wave as market sustain trades below resistance (1.3200) as we advised last week
market now showing resistance at (1.3105) where as long as market holding below more drop is expected toward (1.2900)
above (1.3105) market may add more advance where second resistance at (1.3185) which may drive the downtrend movement again
above 1.3185 market may head for farther advance toard (1.3280) zone
Support | Resistence | |
Level 1 | 1.3020 | 13105 |
Level 2 | 1.2900 | 1.3185 |
Level 3 | 1.2800-50 | 1.3280 |