Forex Trading Library

GBPUSD 2016-11-21

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market back under drop pressure as Pound fell below 1.2350 zone last week

resistance zone at 1.2360-70 while as long as daily close sustain below 1.2410 the downtrend wave will sustain toward 1.2160

any daily close above 1.2410 may give more advance toward 1.2540 zone

  Support Resistence
Level 1 1.2260 1.2360-70
Level 2 1.2160 1.2420
Level 3 1.2080 1.2490
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