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 |