Forex Trading Library

GBPUSD 2017-12-12

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GBPUSD managed to hit below 1.3320 last hour which may be the sign of break throw

As long as market holding below 1.3360-80 resistance zone more drop will be expected toward 1.3220-30 zone

Above 1.3435 market may head again to re-test downtrend line around 1.3500 zone

  Support Resistance
Level 1 1.3280 1.3360-80
Level 2 1.3220-30 1.3435
Level 3 1.3160 1.3500
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