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

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