Forex Trading Library

GBPUSD 2016-11-04

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market stil trying to break above 1.2490 which may activate new uptrend wave toward first target 1.2600-20

however as long as market holding below the ability for another drop toward 1.2100 will be available

US labor market data today will give the way toward one of those direction

  Support Resistence
Level 1 1.2400-20 1.2490
Level 2 1.2350 1.2550
Level 3 1.2270 1.2600-20
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