Forex Trading Library

GBPUSD 2017-07-05

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British Pound managed to head for another drop toward target 1.2920 as we advised before

market now closing from support trend as we see over the chart around 1.2880 zone

as long as market holding above 1.2880 with daily close above it the chance for another advance wave toward 1.3050-60 zone is expected

below 1.2880 market may add more drop pressure to head toward 1.2800 and 1.2705

  Support Resistance
Level 1 1.2880 1.2950
Level 2 1.2800 1.3050-60
Level 3 1.2705 1.3150
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