Forex Trading Library

GBPUSD 2016-12-13

0 360

As we see over our previous chart

market managed to sustain advance as we advised earlier toward target 1.2725

market now facing support at 1.2660 and 1.2620 where as long as market holding above this zone the uptrend wave will have chance for farther advance toward 1.2770 and 1.2865

below 1.2620 market may head back to downtrend pressure where support at 1.2500 zone

 

Support Resistance
Level 1 1.2660 1.2725
Level 2 1.2620 1.2775
Level 3 1.2500 1.2865
Leave A Reply

Your email address will not be published.