Forex Trading Library

GBPUSD 2018-06-20

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As we advised earlt this week

GBPUSD managed to hold trades below 1.3310 resistance where managed to head for farther drop toward 1.3205 and below

Market now facing support at 1.3070 while as long as market holding above this level the chance for continues hits for rebound correction may hit the market as we see over the chart where market facing resistance at 1.3220-30 and a target toward 1.3280 zone

Below 1.3070 the signals will be not clear whether more drop can hit the market or not 

  Support Resistance
Level 1 1.3140 1.3220-30
Level 2 1.3070 1.3280-1.3310
Level 3 1.2970 1.3415
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