GBPUSD 2017-03-29

markt concern over UK Brexit fulled market sell off for British Pound as market maintain trading below resistance 1.2630-50 zone

market now facing another drop pressure as Scottish lawmakers voted Tuesday to back plans to pursue a second referendum on splitting from the U.K.

market now facing resistance at 1.2465 where as long as market holding below more drop yet to come toward 1.2330 zone

any daily close below 1.2330 will shift the Short-Run outlook toward farther drop wave

above 1.2465 more advance toward 1.2540-80 zone will be expected

	Support	Resistance
Level 1	1.2415	1.2465
Level 2	1.2375	1.2540
Level 3	1.2330	1.2630-50