GBPUSD 2016-08-10

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GBPUSD short-run indicators start to show ability for more advance toward 1.3165-85 zone where from here a drop correction may set toward 1.3105

market still facing first resistance at 1.3105 while first support at 1.2995

this model need British pound to sustain trades above 1.2955 zone

 

  Support Resistence
Level 1 1.3040 1.3100-05
Level 2 1.2995 1.3185
Level 3 1.2955 1.3280
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