British pound managed to head for fast advance early today as UK Prime Minister agreed to let Parliament vote on her exit plan.
Market now facing support at 1.2205 while resistance at 1.2320-30 which may provide trading zone
As long as market holding below 1.2330 another dip will be expected toward 1.2120-40 zone
Above 1.2330 market may add more advance toward 1.2390-1.2400 zone where above this zone market will back to attack old resistance 1.2450-80 zone
Support | Resistence | |
Level 1 | 1.2205 | 1.2320-30 |
Level 2 | 1.2120-40 | 1.2400 |
Level 3 | 1.2085 | 1.2450-80 |