GBPUSD 2017-04-19
![](https://assets.iorbex.com/blog/wp-content/uploads/2017/04/18053339/58f745d9e4179-750x430.png)
British Pound managed to activate an uptrend rally yesterday after Prime Minister Theresa May's election announcement
market managed to broke above 1.2625 which activate more advance that managed to break above 1.2705 and 1.2775 resistances
market now facing support at 1.2775 and 1.2705 where market still trying to head higher toward 1.2950-80 zone
below 1.2775 more drop toward 1.2705 may hit the market
main support become at 1.2600-25 where as long as market holding above the Short-Run uptrend will sustain
Support | Resistance | |
Level 1 | 1.2815 | 1.2860 |
Level 2 | 1.2775 | 1.2905 |
Level 3 | 1.2705 | 1.2980 |