GBPUSD 2016-07-20
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 |