Forex Trading Library

GBPUSD 2017-02-07

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as we advised before

market managed to sustain drop toward 1.2410-20 zone where managed to break below on Brexit concern

market now facing resistance at 1.2410 and 1.2490 where as long as market holding below one of those resistances the downtrend pressure will sustain to re-test 1.2250-70 zone

above 1.2490 more advance will be available toward 1.2600 zone

  Support Resistance
Level 1 1.2330 1.2410
Level 2 1.2250-70 1.2490
Level 3 1.2180 1.2600
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