GBPUSD 2016-12-28
as we advised last week and as we see over our previous chart
Market managed to break below 1.2300 in signs of more drop yet to come where closing now from our first target 1.2200
Market now facing first resistance at 1.2300-20 zone where as long as market holding below more drop yet to come toward 1.2200 and 1.2100 zone
Above 1.2330 more advance may hit market toward 1.2400 zone
Support | Resistance | |
Level 1 | 1.2200 | 1.2265 |
Level 2 | 1.2150 | 1.2300-20 |
Level 3 | 1.2080-1.2100 | 1.2400 |