GBPUSD 2017-02-27
British Pound managed to fell below 1.2480 which triggered more drop toward 1.2385 as market facing support 1.2345 as we advised last week
As long as market holding trades above 1.2345 a chance for another rebound correction wave may hit the market toward 1.2640-70 zone
Below 1.2345 market may add more drop pressure where target will become toward 1.2250 where below this level expect a test for 1.2180 zone
Support | Resistance | |
Level 1 | 1.2345 | 1.2475 |
Level 2 | 1.2250 | 1.2570 |
Level 3 | 1.2180 | 1.2640-70 |