GBPUSD 2017-02-24
British Pound managed to jump above resistance 1.2525 which may activate more advance toward 1.2640-70 zone as we suggest in previous report once market break above 1.2525
Pound now facing support at 1.2480 where as long as market holding above this level more advance may have chance toward 1.2640-70 zone
below 1.2480 the downtrend pressure may back to control market where 1.2345 zone may become target again
Support | Resistance | |
Level 1 | 1.2480 | 1.2580 |
Level 2 | 1.2385 | 1.264-70 |
Level 3 | 1.2345 | 1.2710 |