GBPUSD 2016-10-14
market managed to head for drop correction toward 1.2120-40 zone as we advised 2 days ago, 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 as we see over our previous chart
above 1.2330-50 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 | 1.2120-40 | 1.2270 |
Level 2 | 1.2085 | 1.2330-50 |
Level 3 | 1.1980 | 1.2450-80 |