GBPUSD 2016-09-14
GBPUSD retreated below support level (1.3230) which placed market under drop pressure as we explained yesterday
Market facing now resistance zone at (1.3230-70) where as long as market holding below this levels the downtrend pressure will sustain toward targets (1.3070-85).
Above (1.3270) market may add more advance where another resistance laying at (1.3340-60) zone.
Support | Resistence | |
Level 1 | 1.3130 | 1.3230-70 |
Level 2 | 1.3070-85 | 1.3340-60 |
Level 3 | 1.3025 | 1.3445 |