GBPUSD 2017-05-11
GBPUSD managed to head again today to test 1.2900 support zone , while market expect BOE not to move to raise rate as country moving into Brexit
Pound now facing resistance at 1.2940-50 zone while support at 1.2850-60 zone
above 1.2950 more advance will be expected where 1.3030-50 zone may be expected target
below 1.2850 more drop toward 1.2755-75 zone will be available
as BOE meet today high volatility may hit GBPUSD
Support | Resistance | |
Level 1 | 1.2900 | 1.2940-50 |
Level 2 | 1.2850-60 | 1.2990 |
Level 3 | 1.2755-75 | 1.3030-50 |