GBPUSD 2017-01-03
Market managed to add more advance last week where managed to get close to target 1.2400 before retreated back
GBPUSD facing now resistance at 1.2310 where as long as market holding below another drop to re-test 1.2200-20 zone is expected
Above 1.2310 more advance may hit the market, while below 1.2200 more drop toward 1.2100 will be expected
Support | Resistance | |
Level 1 | 1.2200-20 | 1.2310 |
Level 2 | 1.2080-1.2100 | 1.2400 |
Level 3 | 1.2000 | 1.2480 |