Forex Trading Library

GBPUSD 2017-12-15

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GBPUSD hold tight trading zone yesterday while market failed to re-tets 1.3490-1.3500 resistance zone so far

As long as market holding trades above 1.3380-90 support the chance for another advance to test 1.3490 still on hand which in turn may activate another drop wave toward 1.3220-30

Above 1.3500 market may head for farther advance toward 1.3620 zone

Below 1.3380-90 zone more drop will be expected toward 1.3300-20 and 1.3220-30

  Support Resistance
Level 1 1.3380-90 1.3450
Level 2 1.3300 1.3490-1.3500
Level 3 1.3220-30 1.3560
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