GBPUSD 2017-10-25
as we advised yesterday, market managed to hold drop pressure as market tested support 1.3120
Market managed to advance after better than expected GDP over UK
Market seems inside triangle pattern where resistance still at 1.3210-30 zone which may case some drop correction, while first support at 1.3155
Above 1.3230 more advance toward 1.3290-1.3320 is expected
Below 1.3110 more drop toward 1.3030-50 zone is expected
Support | Resistance | |
Level 1 | 1.3155 | 1.3210-30 |
Level 2 | 1.3110-20 | 1.3290-1.3320 |
Level 3 | 1.3030-50 | 1.3355 |