GBPUSD 2017-03-17
British pound managed to hit aboe 1.2385 which may indicate farther advance yet to come
market now facing support at 1.2325 where as long as market holding trades above another advance wave toward 1.2430-40 zone will be expected
below 1.2325 more drop to 1.2240 will be available
while above 1.2440 more advance toward 1.2550 is expected
Support | Resistance | |
Level 1 | 1.2325 | 1.2430-40 |
Level 2 | 1.2240 | 1.2500 |
Level 3 | 1.2160 | 1.2550 |