GBPUSD 2017-08-28

Aug 28 2017, 11:00 am

GBPUSD managed to rebound above 1.2850 where market managed to add more advance to re-test 1.2915 as we explained on our previous report

Short-Run now facing resistance level at 1.2980 where as long as market holding Daily close below this level another drop wave will be expected toward 1.2600-20 zone

A daily close above 1.2980 may give chance for farther advance toward 1.3150 zone 

  Support Resistance
Level 1 1.2835 1.2980
Level 2 1.2775 1.3050
Level 3 1.2705 1.3150
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