Forex Trading Library

GBPUSD 2017-01-20

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as we advised 2 days ago and as we see over our previous report

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

As long as market holding above 1.2250 the chance for farther advance will sustain with resistance at 1.2400-30

Below 1.2250 more drop will be expected to visit 1.2085 zone

  Support Resistance
Level 1 1.2250 1.2310
Level 2 1.2180 1.2370
Level 3 11.2085 1.2400-30
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