GBPUSD 2017-08-15
![](https://assets.iorbex.com/blog/wp-content/uploads/2017/08/18040631/5992c477cd6b8-750x430.png)
GBPUSD continue the drop scenario as Inflation data over UK unexpectedly hold steady which may push market for farther drop
Pound now facing support level at 1.2850-60 zone while below this level another support level at 1.2810, where one of those supports may push the market for rebound correction toward 1.2930 or toward 1.3020-50
Below 1.2815 market may enter new drop wave while first target will be at 1.2720
Support | Resistance | |
Level 1 | 1.2850-60 | 1.2930 |
Level 2 | 1.2810 | 1.3020-50 |
Level 3 | 1.2720 | 1.3150 |