GBPUSD 2016-10-17

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As we advised last week

market still holding trades above support 1.2085 which showing ability for another advance toward 1.2300-30 zone

market still showing such advance chance this week also

below 1.2085 this model will be corrupted and so more drop may hit market toward 1.1980

 

  Support Resistence
Level 1 1.2145-55 1.2200
Level 2 1.2085 1.2300-30
Level 3 1.1980 1.2430-50

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss