GBPUSD 2017-12-28

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As we advised yesterday and as we see over our previous chart

British pound managed today to advance to test resistance downtrend line around 1.3450-60 zone

As long as market holding below this zone the chance for another drop wave may be available

Above 1.3460 market may enter new uptrend wave that will face another resistance at 1.3560 while target will be toward 1.3620

  Support Resistance
Level 1 1.3390 1.3450-60
Level 2 1.3300-30 1.3560
Level 3 1.3220-30 1.3620

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