GBPUSD 2017-08-16

GBPUSD managed to test uptrend support line where market now holding support base at 1.2810-40

as long as market holding above this support zone another rebound correction toward 1.3050 zone is expeted

below 1.2810 market may enter new downtrend wave that may target 1.2600 zone

  Support Resistance
Level 1 1.12810-40 1.2930
Level 2 1.2720 1.2980
Level 3 1.2600 1.3050

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