GBPUSD 2016-12-13

Posted on

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
(Visited 5 times, 1 visits today)

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

- Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

© Orbex