GBPUSD 2017-08-24

Aug 24, 11:36 am

As we advised yesterday and as we see over our previous chart

GBPUSD managed to fell below 1.2810 which may add more drop pressure over market

Intraday levels showing resistance at 1.2850 where as long as market holding below more drop toward 1.0705-15 zone will be expected before market may head for some rebound correction

Below 1.2700 more drop toward 1.2600 may hit the market

Above 1.2850 market may head back again to re-test 1.2915 zone

  Support Resistance
Level 1 1.2770 1.2850
Level 2 1.2705 1.2915
Level 3 1.2600 1.2980
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