Forex Trading Library

GBPUSD 2017-02-02

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GBPUSD managed to hold trades above first support 1.2540 where managed to resume advance above 1.2675 level

Market facing main resistance at 1.2775 which as long as market holding below the downtrend wave may have the chance to come back again to affect market with first target 1.2420

Above 1.2775 market may enter new uptrend wave where resistance at 1.2865 and 1.3065

  Support Resistance
Level 1 1.2630 1.2705
Level 2 1.2540 1.2775
Level 3 1.2420 1.2865
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