Forex Trading Library

GBPUSD 2016-10-13

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market managed to head for drop correction toward 1.2120-40 zone as we advised yesterday, while market start to show ability for another advance to re-test 1.2320-30 zone as long as market holding trades above support 1.2085

above 1.2360 market may add more advance toward 1.2450-80 zone

below 1.2085 market may head for farther drop toward 1.1980

  Support Resistence
Level 1 1.2085 1.2250
Level 2 1.1980 1.2330-60
Level 3 1.1800 1.2450-80
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