GBPUSD 2017-03-06
British Pound managed to print 1.2215 last week while market still holding trades below resistance 1.2330 which holding the downtrend pressure over market
as long as market holding below 1.2330 the downtrend wave will sustain toward target 1.2150-80 zone
above 1.2385 market may enter another rebound correction wave that may target 1.2550 zone
Support | Resistance | |
Level 1 | 1.2255 | 1.2330 |
Level 2 | 1.2150-80 | 1.2375-85 |
Level 3 | 1.1980 | 1.2550 |