Forex Trading Library

GBPUSD 2017-05-12

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GBPUSD managed to fell below 1.2900 support zone yesterday which activated more drop pressure

market may have chance for another rebound toward 1.2880-90 zone, while as long as market holding below 1.2905-10 more drop still on hand toward 1.2755-75 zone

above 1.2905 market may head for more advance toward 1.2950-70 zone while from there market may have chance to reverse trend OR to sustain to test 1.3040-60 zone

  Support Resistance
Level 1 1.2830 1.2905-10
Level 2 1.2755-75 1.2950-70
Level 3 1.2710 1.3040-60
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