Forex Trading Library

GBPUSD 2017-01-03

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Market managed to add more advance last week where managed to get close to target 1.2400 before retreated back

GBPUSD facing now resistance at 1.2310 where as long as market holding below another drop to re-test 1.2200-20 zone is expected

Above 1.2310 more advance may hit the market, while below 1.2200 more drop toward 1.2100 will be expected

 

  Support Resistance
Level 1 1.2200-20 1.2310
Level 2 1.2080-1.2100 1.2400
Level 3 1.2000 1.2480
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