GBPUSD 2017-03-28
we still holding our previous outlook
British Pound managed to head for farther advance as market managed to hold trades above support 1.2420-40 as we advised last week
market managed to hit target 1.2570 as we advised before, while market now facing resistance at 1.2630-50 zone
Intraday showing ability for market to sustain advance toward 1.2630-50 as long as market holding trades above support 1.2530
while from 1.2630-50 the downtrend pressure may beack to affect market again
above 1.2650 more advance yet to come
Support | Resistance | |
Level 1 | 1.2530 | 1.2575 |
Level 2 | 1.2470 | 1.2630-50 |
Level 3 | 1.2420 | 1.2750-75 |