Forex Trading Library

GBPUSD 2017-06-08

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as we see over the chart, market still holding trades below resistance line of the uptrend channel where resistance zone at 1.2950-70

market still awaiting U.K. election where in general a win for conservative party may push market up toward 1.3100 and 1.3200 depending on percentage of that win.

from another hand a Hung Parliament or a labour party win may hit market for drop wave toward 1.2300-1.2500 zone

  Support Resistance
Level 1 1.2895 1.2950-70
Level 2 1.2830 1.3050
Level 3 1.2755-75 1.3160
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