Forex Trading Library

GBPUSD 2017-03-21

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British pound managed to head for drop correction as we advised yesterday where managed to rebound as support zone 1.2325 managed to support the market

GBPUSD managed to head for more advance today after U.K. Infltion figures which breached BOE goal

market now facing support zone at 1.2420-40 where as long as market holding above more advance toward 1.2550 is expected

below 1.2420 more drop may hit the market where support still at 1.2325

  Support Resistance
Level 1 1.2430 1.2475
Level 2 1.2375 1.2550-70
Level 3 1.2325 1.2640
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