GBPUSD 2017-12-08
GBPUSD managed to hold support 1.3320-40 zone intact where managed yesterday to head for fast advance on Brexit deal
Market managed to test 1.3520 resistance line as we see over the chart which provide some profit taking and drop pressure
As long as market holding above 1.3445 market may be able to head for another advance to break above 1.3520 and to head toward 1.3620 zone
Below 1.3445 market may add more drop pressure to head again to re-tets support zone 1.3320-40 which in turn may provide another advance wave toward 1.3620
Below 1.3320 more drop toward 1.3220-30 will be expected
Support | Resistance | |
Level 1 | 1.3445 | 1.3520 |
Level 2 | 1.3380 | 1.3560 |
Level 3 | 1.3320 | 1.3620 |