Forex Trading Library

GBPUSD 2016-11-23

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GBPUSD managed to fell below 1.2410 level which triggered farther drop pressure as we advised before

This drop pressure may sustain to head with market for another test toward 1.2300-30 zone

From that zone another uptrend correctional wave may hit the Pound toward 1.2550-80 zone

Below 1.2300 market may sustain drop toward 1.2240 and 1.2160 zone

 

  Support Resistence
Level 1 1.2300-30 1.2425
Level 2 1.2240 12515
Level 3 1.2160 1.2580
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