GBPUSD 2016-10-26
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 |