GBPUSD 2016-10-27
market managed to jump above 1.2250 after report showed better than expect UK GDP for 3rd quarter
market now having support at 1.2200 where as long as market holding trades above this zone more advance will be expected to re-test 1.2300-30 zone
below 1.2200 market may risk for farther drop toward 1.2120-30 zone
Support | Resistence | |
Level 1 | 1.2200 | 1.2300-30 |
Level 2 | 1.2120-30 | 1.2380 |
Level 3 | 1.2080 | 1.2450-80 |