GBPUSD 2017-01-30
GBPUSD managed to fell below 1.2550 which may provide farther drop for intraday frame where market facing support at 1.2420
As long as market holding above 1.2420 another rebound movement may hit market toward 1.2600-20 zone
Below 1.2420 more drop may hit the market where second support at 1.2250-70 zone which in turn may provide chance for rebound correction movement
Support | Resistance | |
Level 1 | 1.2500 | 1.2600-20 |
Level 2 | 1.2420 | 1.2675 |
Level 3 | 1.2325 | 1.2750 |