Forex Trading Library

GBPUSD 2017-03-09

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British Pound managed to sustain drop as we advised early this week where managed to test 1.2150 support

market still facing resistance at 1.2215-50 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 1.2215-50
Level 2 1.2080 1.2330
Level 3 1.1980 1.2385
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