Forex Trading Library

GBPUSD 2016-10-26

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market managed to hit our target yesterday toward 1.2100-20 zone where managed to head for rebound correction as support 1.2080-90 managed to hold the market

as long as market holding below resistance zone 1.2220-50 another drop will be expected toward 1.2120 zone

above 1.2250 expect more advnace to re-test old resistance 1.2300-30

below 1.2080 market may enter new downtrend wave toward 1.1750 zone

  Support Resistence
Level 1 1.2100-20 1.2220-50
Level 2 1.2000 1.2300-30
Level 3 1.1900 1.2380
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