GBPUSD 2016-12-05

as we advised last week

GBPUSD managed to hold trades above support 1.2500-15 and managed to add more advance toward 1.2740

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 1.2450-60 which may provide another chance for advance

Below 1.2450 more drop toward 1.2300-30 zone

	Support	Resistence
Level 1	1.2625	1.2695
Level 2	1.2560	1.2770-90
Level 3	1.2500	1.2865