Forex Trading Library

GBPUSD 2016-12-02

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GBPUSD managed to hold trades above support 1.2500-15 and managed to hit above 1.2630 yesterday in signs that more advance yet to come

As long as market holding above 1.2500 market will look toward test for 1.2770-90

Above 1.2790 another resistance at 1.2865

Below 1.2500 another support at 1.2435-45 which may provide another chance for advance

Below 1.2435-45 more drop toward 1.2300-30 zone

  Support Resistence
Level 1 1.2500-15 1.2695
Level 2 1.2435-45 1.2770-90
Level 3 1.2300-30 1.2865
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