GBPUSD 2016-07-22

GBPUSD 2016-07-22

As we advised on our previous chart, market managed to head for rebound correction toward 1.3260-80 zone before back to drop movement where market now facing 1.3065 as support level

if market managed to hold trades above 1.3065 this may give chance for rebound correction toward 1.3165 before downtrend continue toward 1.3010-15 and 1.2870-80

above 1.3315 market may add more advance toward 1.3460-80 zone

Support Resistence
Level 1 1.3065 1.3165
Level 2 1.3000 1.3315
Level 3 1.2870-80

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