Forex Trading Library

GBPUSD 2017-01-12

0 227

British pound managed to activate rebound correction also after Mr. Donald Trump comments yesterday

Market now facing first support at 1.2250 where as long as market holding above more advance will be available toward 1.2365-95 zone

Below 1.2250 market may add more drop to re-test 1.2170-80 zone before uptrend retrieve toward target 1.2365-95

Below 1.2170 market may go back to test 1.2080-1.2100 zone

  Support Resistance
Level 1 1.2250 1.2315
Level 2 1.2170 1.2365
Level 3 1.2080-1.2100 1.2430
Leave A Reply

Your email address will not be published.