GBPUSD 2017-02-08
British Pound managed to fell below 1.2410 before market managed to head for rebound correction
market now showing 2 scenarios at market:
scenario (1) : market may head for trading zone between 1.2345 – 1.2600 before market resume drop wave toward 1.2250-70 zone
scenario (2) : any break below 1.2345 more drop may hit the market toward 1.2250-70 zone
Support | Resistance | |
Level 1 | 1.2410 | 1.2545 |
Level 2 | 1.2345 | 1.2600-25 |
Level 3 | 1.2250-70 | 1.2705 |