GBPUSD 2017-02-06

Feb 06, 11:10 am

As we advised last week and as we see over our previous chart

So far market seems heading to re-test 1.2410-20 support zone which if managed to hold trades above another rebound correction toward 1.2650-75 may hit the market before downtrend retrieve for farther drop toward 1.2250-70

Below 1.2410 market may sustain this drop wave which may lead for another re-test for 1.2250-70 zone

  Support Resistance
Level 1 1.2410-20 1.2530
Level 2 1.2350 1.2580
Level 3 1.2250-70 1.2670
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