GBPUSD 2017-05-22
as we advised last week and as we see over our previous chart
GBPUSD managed to head for drop correction as market sustain trades inside uptrend channel as we see
market managed to test support level of the channel around 1.2890 where market managed to rebound fast from that zone
market may sustain trades inside this trading zone where resistance level become at 1.3100 zone
above 1.3100 expect more advance toward 1.3260
below 1.2890 more drop toward 1.2755-75 zone is expected
Support | Resistance | |
Level 1 | 1.2960 | 1.3020 |
Level 2 | 1.2890 | 1.3100 |
Level 3 | 1.2830 | 1.3260 |