GBPUSD 2016-12-08
market managed to hold support 1.2560-80 where managed to head for rebound correction toward 1.2695 as we advised yesterday, while still a chance for farther advance toward 1.2750-70
as long as market holding below 1.2775 another drop wave toward 1.2500 will be expected
above 1.2790 market may head to test 1.2865-70 resistance zone where the downtrend pressure will back again
above 1.2870 more advance will be expected
Support | Resistance | |
Level 1 | 1.2665 | 1.2700-25 |
Level 2 | 1.2560-80 | 1.2775-90 |
Level 3 | 1.2500 | 1.2870 |