GBPUSD 2016-11-14
market managed to fell below support 1.2480 which may be the first signal of farther drop
market facing resistance at 1.2525 and 1.2575 which as long as market holding below the downtrend will sustain toward 1.2350-70 zone
above 1.2575 market may add bonus to re-test 1.2650-70 zone
Support | Resistence | |
Level 1 | 1.2460 | 1.2525 |
Level 2 | 1.2350-70 | 12575 |
Level 3 | 1.2260 | 1.2650-70 |