Forex Trading Library

GBPUSD 2016-12-15

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GBPUSD managed to head for farther drop toward 1.2500 suppot zone after Fed hike rate yesterday

market eyes toward BOE monetary policy today where as long as market holding above 1.2500 a chance for rebound correction toward 1.2590 may took place

below 1.2500 market may enter new downtrend wave toward 1.2330-50 zone

  Support Resistance
Level 1 1.2500 1.2590
Level 2 1.2400-20 1.2640
Level 3 1.2330-50 1.2725
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