GBPUSD 2017-03-02
Market managed to sustain drop movement after fell below 1.2345 where managed today to met target 1.2250 as we advised before
market now facing support at 1.2250 which if managed t hold trades another rebound correction may hit the market where resistance zone at 1.2375-85
below 1.2250 more drop toward 1.2150-80 zone is expected
Support | Resistance | |
Level 1 | 1.2250 | 1.2375-85 |
Level 2 | 1.2150-80 | 12450 |
Level 3 | 1.1985 | 1.2550 |