GBPUSD 2017-08-21

Posted on

as we advised last week 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 1.2930 resistance zone is expeted, while above this zone more advance toward 1.3050 is expected

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

  Support Resistance
Level 1 1.2810-40 1.2930
Level 2 1.2720 1.2980
Level 3 1.2600 1.3050
(Visited 27 times, 1 visits today)

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

- Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

© Orbex