GBPUSD 2016-09-13

Posted on

Market managed to retreat from (1.3445) zone , while still holding above support level (1.3230) which consider the support zone for the uptrend wave where channel levels still protecting market as we see over the chart.

As long as market holding above (1.3230) the chance for more advance toward (1.3480) will sustain.

Below (1.3230) market may add more drop pressure to head toward (1.3070-85) zone

  Support Resistence
Level 1 1.3230 1.3350
Level 2 1.3150 1.3450-80
Level 3 1.3070-85 1.3535
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