Forex Trading Library

GBPUSD 2016-10-10

0 156

After the Flash crash over GBPUSD last friday, market back to hold trades inside tight zone where downtrend pressure still affecting the market

market now facing resistance at 1.2445-55 where as long as Pound holding trades below another dip toward 1.2200 will be expected

above 1.2455 market may add more advance ability where above 1.2490 expect farther movement to test 1.2600 zone

  Support Resistence
Level 1 1.2365 1.2445-55
Level 2 1.2290 1.2490
Level 3 1.2200 1.2600
Leave A Reply

Your email address will not be published.