GBPUSD 2017-12-08

Posted on

GBPUSD managed to hold support 1.3320-40 zone intact where managed yesterday to head for fast advance on Brexit deal

Market managed to test 1.3520 resistance line as we see over the chart which provide some profit taking and drop pressure

As long as market holding above 1.3445 market may be able to head for another advance to break above 1.3520 and to head toward 1.3620 zone

Below 1.3445 market may add more drop pressure to head again to re-tets support zone 1.3320-40 which in turn may provide another advance wave toward 1.3620

Below 1.3320 more drop toward 1.3220-30 will be expected

  Support Resistance
Level 1 1.3445 1.3520
Level 2 1.3380 1.3560
Level 3 1.3320 1.3620
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