Forex Trading Library

GBPUSD 2016-10-06

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market managed to re-test support 1.2700 where a new scenario pop up at market just ahead of US labor market data this Friday

market still facing resistance zone at 1.2830-50 which may keep the downtrend pressure over market toward short-run target 1.2500

while above 1.2850 market will face the 1.2915-30 resistance zone 

  Support Resistence
Level 1 1.2700 1.2770
Level 2 1.2600 1.2830-50
Level 3 1.2500 1.2915-30
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