GBPUSD 2017-03-08
British Pound managed to sustain drop as we advised early this week where managed today to deep in target 12150-80
market still 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 where as long as market holding below the downtrend wave will continue for the Short-Run
Support | Resistance | |
Level 1 | 1.2150 | 1.2250 |
Level 2 | 1.2080 | 1.2330 |
Level 3 | 1.1980 | 1.2375-85 |