GBPUSD 2018-10-29

0 40

GBPUSD managed to hit target 1.2800 last week 

Intraday Levels still showing first resistance around 1.2850-70 while second resistance laying around 1.2925-55 zone

As we see over the chart, as long as market holding below one of those resistances the downtrend pressure will resume for more drop

Above 1.2955 the chance for bigger rebound toward 1.3080 and above may hit the market

  Support Resistance
Level 1 1.2780 1.2850-70
Level 2 1.2660-80 1.2925-55
Level 3 1.2580 1.3080

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

Leave A Reply

Your email address will not be published.