GBPUSD 2017-01-23

Jan 23, 12:18 pm

GBPUSD managed to add more advance as market managed to hold trades above support 1.2250 as we advised last week

Intraday level now facing support at 1.2370 where as long as market holding above will expect more advance to test 1.2510 resistance

From there and as long as market holding below 1.2550 another drop movement may hit the market toward 1.2400 zone, while above 1.2550 more advance toward 1.2700 may hit the market

  Support Resistance
Level 1 1.2370 1.2510
Level 2 1.2315 1.2550
Level 3 1.2250 1.2700
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