Forex Trading Library

GBPUSD 2017-04-06

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as we advised this week

market managed to hold support 1.2420 intact where managed to add more advance as U.K. services grow faster than expected

market facing resistance at 1.2495 zone where above this zone will expect farther advance toward target 1.2560-80 zone

below 1.2420 more drop toward 1.2330-50 zone is expected

  Support Resistance
Level 1 1.2420-40 1.2500
Level 2 1.2375 1.2560-80
Level 3 1.2330 1.2650
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