GBPUSD 2016-08-19

0 2

As we advised before, market failed to break above resistance 1.3175 which drove for drop correction as our previous chart showing yesterday

market now facing support zone at 1.3070-90 where as long as market holding above will expect farther advance to break above 13175-85 zone and to sustain advance toward 1.3300 – 1.3400 zone

below 1.3070 market may build new drop correction wave that may target 1.2940

  Support Resistence
Level 1 1.3070-90 1.3185
Level 2 1.3000 1.3335
Level 3 1.2940 1.3400

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