GBPUSD 2017-10-19
British pound managed to retreat from our resistance zone 1.3210-30 as we advised yesterday
Market managed to hit low below yesterday low while market facing support at 1.3130
As long as market holding above 1.3130 another trade zone between this support and resistance 1.3210-30 is expected as we see over the chart
Below 1.3130 more drop toward 1.3030-60 is expected
Above 1.3230 more advance toward 1.3290 and 1.3355 is expected
Support | Resistance | |
Level 1 | 1.3130 | 1.3210-30 |
Level 2 | 1.3030-60 | 1.3290 |
Level 3 | 1.2950 | 1.3355 |