Forex Trading Library

GBPUSD 2017-03-03

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GBPUSD managed to hit below 1.2250 in signs of more drop yet to come

market facing main resistance at 1.2375-85 where as long as market holding below the short-run target will remain toward 1.2150-80 zone

above 1.2375-85 market may add more advance toward 1.2550-75 zone

  Support Resistance
Level 1 1.2150-80 1.2285
Level 2 1.2075 1.2330
Level 3 1.1980 1.2375-85
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