Forex Trading Library

GBPUSD 2016-10-27

0 158

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
Leave A Reply

Your email address will not be published.