British Pound managed to advance early today after better than expected CPI
Pound still holding trades below resistance 1.2475-90 , where as long as market holding below this zone the downtrend wave will sustain as we advised yesterday toward 1.2180-1.2200 zone
above 1.2490 market may back again to re-test 1.2600-25 zone
| Support | Resistance | |
| Level 1 | 1.2400 | 1.2450 |
| Level 2 | 1.2365 | 1.2490 |
| Level 3 | 1.2325 | 1.2555 |