GBPUSD 2017-10-30
British pound managed to head also for rebound correction before testing support 13030-50
Market now facing resistance at 1.3180 which may push market for some drop correction to test 1.3075-1.3100 support zone before market head again toward farther advance toward 1.3270
Above 1.3180 market my sustain continues uptrend movement toward 1.3270
Short-Run see as long as market holding above 1.3030 another advance wave may hit market toward1.3270 and 1.3400
Below 1.3030 new downtrend wave may hit the market
Support | Resistance | |
Level 1 | 1.3075-1.3100 | 1.3180 |
Level 2 | 1.3030-50 | 1.3270 |
Level 3 | 1.2960 | 1.3335 |