Forex Trading Library

GBPUSD 2015-12-15

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GBPUSD

1.5160

As we see over the chart, British Bound managed to construct uptrend channel for the short-run trading

Market now building resistance at 1.5200 level where as long as market holding below this level will expect farther drop toward 1.5050-60 zone

while any daily close above 1.5200 may push the market higher toward 1.5290 zone

  Support Resistence
Level 1 1.5100-10 1.5240
Level 2 1.5040 1.5290
Level 3 1.5000 1.5380
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