GBPUSD 2017-05-12
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 |