GBPUSD 2017-02-22

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As we see over our previous chart and as we advised last week,

market managed to re-test downtrend line around 1.2525 before downtrend pressure back to affect market

As long as market holding below 1.2500-25 the downtrend wave may sustain toward target 1.2250-70

Above 1.2525 more advance toward 1.2640-60 zone may hit the market

  Support Resistance
Level 1 1.2385 1.2480
Level 2 1.2345 1.2525
Level 3 1.2250-70 1.2640-60


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