Forex Trading Library

GBPUSD 2017-08-14

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As we advised last week, GBPUSD managed to hold trades above support 1.2930 which triggered some rebound correction over market where first resistance at 1.3050-70 zone

As long as market holding above 1.2930 another rebound correction wave may hit the market toward 1.3120-60 zone

Below 1.2930 more drop toward 1.2810-30 may hit the market

  Support Resistance
Level 1 1.2930 1.3030
Level 2 1.2865 1.3070
Level 3 1.2810-30 1.3120-60
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