GBPUSD 2017-05-09
British Pound managed to fell below 1.2945 which may activate farther drop movement as we explained yesterday
however Intraday levels showing support at 1.2900 which may activate rebound correction toward 1.2950
below 1.2900 more drop is expected to test 1.2850-60 zone< while below this zone more drop toward 1.2755-75 is expected
from another side market still facing main resistance zone at 1.3005-10
Support | Resistance | |
Level 1 | 1.2900 | 1.2960 |
Level 2 | 1.2850-60 | 1.2985 |
Level 3 | 1.2755-75 | 1.3005-10 |