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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