Forex Trading Library

GBPUSD 2017-05-15

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GBPUSD manage to head for rebound correction 1.2880-90 as we advised last week, while market managed today to break above 1.2905 which support market for more bonus 

intraday levels showing resistance at 1.2960-90 where as long as market holding below another drop wave may hit market toward 1.2755-75 zone

above 1.2990 more advance to test short-run resistance toward 1.3050-60 zone will be expected

  Support Resistance
Level 1 1.2880-90 1.2960-90
Level 2 1.2830 1.3050
Level 3 1.2755-75 1.3150
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