Forex Trading Library

GBPUSD 2017-04-03

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British pound managed to head for rebound correction toward 1.2540-60 zone as we advised last week

market now facing some drop pressure while market still facing support zone at 1.2420-50

as long as market holding above this zone more advance may hit market where main resistance zone at 1.2625-50

from another hand if market failled to break above 1.2650 the Short-Run may face another drop pressure toward 1.2250 zone

  Support Resistance
Level 1 1.2490 1.2560
Level 2 1.2420-50 1.2625-50
Level 3 1.2330-50 1.2750
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