As we advised last week and as we see over our previous chart
GBPUSD managed to hold this trading zone bewteen support 1.2440-80 and resistance 1.2600-20 as we advised before
As we see over the chart, market still holding chance for this trading zone while above 1.2620 more advance will be expected with resistances laying at 1.2720-30 and 1.2775
Below 1.2440 more drop may hit the market with support around 1.2300
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2440-80 | 1.2600-20 |
| LEVEL2 | 1.2300 | 1.2720-30 |
| LEVEL3 | 1.2185 | 1.2775 |
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