Forex Trading Library

GBPUSD 2015-11-19

0 101

GBPUSD

1.5265

Market managed yesterday to break above 1.5265 where market faced short-run resistance at 1.5300

as market trading below the 1.5300 the downside risk movement will sustain, while above 1.5300 market may add more advance toward 1.5400 and 1.5500

short-run support at 1.5240 and 1.5200, as long as market holding trades above 1.5200 will expect farther advance to break above 1.5300

  Support Resistence
Level 1 1.5240 1.5300
Level 2 1.5200 1.5380
Level 3 1.5150 1.5450
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