Forex Trading Library

GBPUSD 2017-02-10

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market managed to retreat as Pound holds trades below resistance 1.2615 as we advised yesterday

Market still showing ability for another drop wave from 1.2615 resistance where 1.2250-70 is still possible target

Above 1.2710 market may head for farther advance where 1.2775 and 1.2865 are next resistances

  Support Resistance
Level 1 1.2465 1.2615
Level 2 1.2350 1.2710
Level 3 1.2250-70 1.2775
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