GBPUSD 2016-07-12
![](https://assets.iorbex.com/blog/wp-content/uploads/2016/07/18092800/5784c034de26f-750x430.png)
British Pound managed to head for rebound correction after UK managed to move closer toward new leader to end the political disturbance that hit the country after the Brexit.
market managed to jump above 1.3120 where we advised before from technical point of view that above this zone more advance will be expected toward 1.3295 zone
as we see over the chart market have support zone at 1.3040 where as long as market holding above this zone more advance will be expected toward 1.3295 , 1.3350 and 1.3490
below 1.3040 market may bacj to test 1.2925 and 1.2800
Support | Resistence | |
Level 1 | 1.3040 | 1.3295 |
Level 2 | 1.2925 | 1.3350 |
Level 3 | 1.2800 |