GBPUSD 2017-03-07
British Pound managed to sustain drop as we advised yesterday where managed today to close from target 12150-80
market now facing resistance at 1.2250 where as long as market holding trades below this level more drop may come latter where below 1.2150 a target for 1.2080 may set on market
the current downtrend wave have main resistance at 1.2375-85 zone
| Support | Resistance | |
| Level 1 | 1.2150-80 | 1.2250 |
| Level 2 | 1.2080 | 1.2330 |
| Level 3 | 1.1985 | 1.2375-85 |


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