Forex Trading Library

GBPUSD 2015-10-29

0 107

GBPUSD

1.5270

market managed to fell below support line of the triangle model , which add more drop pressure over British Pound where target now become toward 1.5180-1.5200 zone.

first resistance at 1.5340-80 zone, as long as market holding trades below 1.5380 the downtrend pressure will sustain for the short-run toward 1.5200 zone.

below 1.5200 market may sustain drop toward 1.5135 zone

  Support Resistence
Level 1 1.5250 1.5340-80
Level 2 1.5200 1.5420
Level 3 1.5135 1.5510
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