Forex Trading Library

GBPUSD 2017-04-17

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GBPUSD still trying to re-test resistance zone where we advised last week that main resistance zone at 1.2600-25

as long as market holding below this zone another downtrend wave may hit the market toward 1.2220 zone

above 1.2625 more advance will be expected where market will face resistance at 1.2705 and 1.2775

  Support Resistance
Level 1 1.2470 1.2575
Level 2 1.2400 1.2625
Level 3 1.2365 1.2705
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