GBPUSD 2016-11-23
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 |