GBPUSD 2017-02-17

Feb 17, 12:34 pm

As we see over the chart, market managed to re-test downtrend line around 1.2525 before downtrend pressure back to affect market

As long as market holding below 1.2525 the downtrend wave may sustain toward target 1.2250-70

Above 1.2525 more advance toward 1.2640-60 zone may hit the market

 SupportResistance
Level 11.23851.2500-25
Level 21.23451.2640-60
Level 31.2250-701.2705
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