Forex Trading Library

GBPUSD 2016-07-20

0 155

Market managed to broke below 1.3100 support level before head for rebound correction on better than expected data from UK labor market

market still facing resistance level of 1.3315 , while market still have room for farther advance toward 1.3260-80 zone, as long s market holding below 1.3315 the downtrend pressure will sustain toward 1.3000

above 1.3315 market will face 1.3460-85 and 1.3550 as resistance levels

  Support Resistence
Level 1 1.3115 1.3315
Level 2 1.3065 1.3460-85
Level 3 1.3000
Leave A Reply

Your email address will not be published.