GBPUSD 2016-12-12
as we advised last week and as we see over our previous chart
British pound facing support zone at 1.2490-1.2500, where as long as market holding above this zone another rebound correction may hit the market toward 1.2725 zone
below 1.2490 market may fell under new drop pressure that may lead for farther drop toward 1.2330-50 zone
Support | Resistance | |
Level 1 | 12490-1.2500 | 1.2630 |
Level 2 | 1.02400-10 | 1.2705 |
Level 3 | 1.2330-50 | 1.2770-90 |