BOE Says It’s Looking Into Cause of Overnight Sterling Plunge where Pound managed to hit 1.1550 low in super high liquidity market.
Market now facing resistance at 1.2400-85 zone where as long as market holding below another drop will be expected toward 1.1500 zone
Above 1.2485 market may head for farther advance to re-test 1.2600 resistance which may drive another drove wave from there.
| Support | Resistence | |
| Level 1 | 1.2285 | 1.2400 |
| Level 2 | 1.2225 | 1.2485 |
| Level 3 | 1.2000 | 1.2600 |
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