GBPUSD 2018-01-08

Posted on

British Pound failed to add more advance above 1.3585 which may be sign of more drop yet to come

Market showing support levels at 1.3460 and 1.3400 where as long as market holding above one of those supports another advance wave may hit the market toward 1.3640-60 zone

Below 1.3400 market may enter new dwntrend wave that may set market toward farther drop to re-test 1.3300-30 zone

  Support Resistance
Level 1 1.3460 1.3585
Level 2 1.3400 1.3640-60
Level 3 1.3300-30 1.3705
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