GBPUSD 2017-04-10
British pound managed to fell below 1.2375 last Friday in sign of more drop yet to come
Market now facing resistance at 1.2410 and 1.2450, while as long as market holding trades below 1.2490 the downtrend wave will sustain toward target 1.2180-1.2200 which in turn may provide support for rebound correction at market
Above 1.2490 market may restore uptrend strength again
Support | Resistance | |
Level 1 | 1.2325 | 1.2410 |
Level 2 | 1.2240 | 1.2450 |
Level 3 | 1.2180 | 1.2490 |