GBPUSD 2016-08-25
market managed to head to test 1.3240-60 zone while failed to break above 1.3275 as we advised yesterday
as long as market holding trades below 1.3275 another drop correction will be expected toward 1.3100-20 zone which may provide some rebound correction
below 1.3100 more drop will be expected toward 1.2960
above 1.3275 more advance will be expected toward 1.3400
Support | Resistence | |
Level 1 | 1.3100-20 | 1.3275 |
Level 2 | 1.3000 | 1.3335 |
Level 3 | 1.2940-60 | 1.3400 |