GBPUSD 2016-08-17

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British pound managed to break above resistance 1.3035 yesterday which place uptrend factors over the market where a coming trading zone will be expected between 1.2940 & 1.3105

the main resistance zone at this model still at 1.3105 where as long as market holding below this zone the downtrend wave may back to affect market

 

  Support Resistence
Level 1 1.2940 1.3105
Level 2 1.2885 1.3175
Level 3 1.2795 1.3280
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