GBPUSD 2017-04-18

as we advised yesterday, GBPUSD managed to test again 1.2600-25 zone where market managed to head for fast drop on U.K. prime minister May prepare to deliver statement today

as long as market holding below 1.2625 another downtrend wave may hit the market toward 1.2220 zone

above 1.2625 more advance will be expected where market will face resistance at 1.2705 and 1.2775

  Support Resistance
Level 1 1.2470 1.2575
Level 2 1.2400 1.2625
Level 3 1.2365 1.2705

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