GBPUSD 2017-03-13
British pound managed to add more rebound correction where managed to test today resistance zone 1.2215-50
market now facing support level at 1.2180 where as long as market holding above more advance will be expected to test 1.2300-30 zone where from there will expect the downtrend pressure to back to affect market with main resistance zone 1.2385 which still protecting the downtrend wave
below 1.2180 downtrend risk may back to affect market
Support | Resistance | |
Level 1 | 1.2180 | 1.2250 |
Level 2 | 1.2135 | 1.2300-30 |
Level 3 | 1.2080 | 1.2385 |