GBPUSD 2017-01-26

as we see over our previous chart and as we advised before

market managed to hold trades above support 1.2550 where managed today to hit high 1.2673

market still facing support at 1.2550 where as long as market holding above the march toward 1.2700 will sustain

Below 1.2540 more drop correction may hit market toward 1.2450 before resuming uptrend toward 1.2700

Below 1.2370 market may enter new downtrend correction wave toward 1.2250-70

Support Resistance
Level 1 1.2550 1.2700
Level 2 1.2430 1.2775
Level 3 1.2370 1.2850

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