GBPUSD 2017-06-06
British pound still holding trades above support 1.2755-75 as we advised last week while market approaching from U.K election this thursday
market facing resistance at 12950 while support at 1.2755-75, where market may hold trade zone inside this levels as we advised last week
above 1.2950-60 more advance toward 1.3040-50 is expected, while above this zone more advance toward 1.3160 and 1.3260 may hit the market
below 1.2755 more drop toward 1.2620 is expected
Support | Resistance | |
Level 1 | 1.2830 | 1.2950 |
Level 2 | 1.2755-75 | 1.3050 |
Level 3 | 1.2620 | 1.3160 |