GBPUSD 2017-08-21
as we advised last week and as we see over our previous chart
GBPUSD managed to test uptrend support line where market now holding support base at 1.2810-40
as long as market holding above this support zone another rebound correction toward 1.2930 resistance zone is expeted, while above this zone more advance toward 1.3050 is expected
below 1.2810 market may enter new downtrend wave that may target 1.2600 zone
Support | Resistance | |
Level 1 | 1.2810-40 | 1.2930 |
Level 2 | 1.2720 | 1.2980 |
Level 3 | 1.2600 | 1.3050 |