GBPUSD 2016-08-19

Posted on

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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