GBPUSD 2016-07-05
British Pound fell to lowest level in 31 years before Carney speaks today.
market fell below 1.3200 which will consider the first alert of downtrend pressure while market still facing support at 1.3120
as long as market holding above 1.3120 we may face another rebound toward 1.3700 before downtrend wave continue toward target 1.2500
below 1.3100 market may enter new downtrend wave toward 1.2500 where market may face support to rebound toward 1.3000
Support | Resistence | |
Level 1 | 1.3120 | 1.3240-50 |
Level 2 | 1.3000 | 1.3350-60 |
Level 3 | 1.2900 |