GBPUSD 2017-08-17

GBPUSD 2017-08-17

as we advised yesterday and as we see over our previous chart

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 1.2810-40 1.2910-30
Level 2 1.2720 1.2980
Level 3 1.2600 1.3050

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