Forex Trading Library

GBPUSD 2016-12-06

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GBPUSD managed to meet target 1.2770-90, while market facing another resistance at 1.2860-70

as long as market holding below one of those resistances another drop wave will be expected toward 1.2560-80 zone

above 1.2880 market may build new uptrend wave toward 1.3350

 

  Support Resistance
Level 1 1.2700 1.2770-90
Level 2 1.2625 1.2860-70
Level 3 1.2560 1.2990
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