Forex Trading Library

GBPUSD 2017-03-28

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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
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