Forex Trading Library

GBPUSD 2017-01-19

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Market managed to test 1.2250 support yesterday where managed to head for some rebound correction as we advised yesterday and as we see over our previous chart

As long as market holding above 1.2250 the chance for farther advance will sustain with first resistance at 1.2350

Below 1.2250 more drop will be expected to visit 1.2085 zone

 

  Support Resistance
Level 1 1.2250 1.2350
Level 2 1.2180 1.2430
Level 3 1.2085 1.2500
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