GBPUSD 2017-08-17
![](https://assets.iorbex.com/blog/wp-content/uploads/2017/08/18040400/59956ed99a9e7-750x430.png)
as we advised yesterday and as we see over our previous chart
GBPUSD managed to test uptrend support line where market now holding support base at 1.2810-40
as long as market holding above this support zone another rebound correction toward 1.3050 zone is expeted
below 1.2810 market may enter new downtrend wave that may target 1.2600 zone
Support | Resistance | |
Level 1 | 1.2810-40 | 1.2910-30 |
Level 2 | 1.2720 | 1.2980 |
Level 3 | 1.2600 | 1.3050 |