Forex Trading Library

GBPUSD 2017-01-05

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as we see over our previous chart and as we advised before

market managed to head for test 1.2350-60 zone which activated another drop wave that may hit the market

as long as market holding below 1.2390 another drop wave toward 1.2100 will be expected

above 1.2390 more advance will be expected with first target 1.2465

  Support Resistance
Level 1 1.2270 1.2390
Level 2 1.2200 1.2465
Level 3 1.2100 1.2550
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