GBPUSD 2017-12-18
British pound managed to test 1.3300-20 zone last week while Intraday levels showing a trading zone between 1.3300 and 1.3390
As long as market holding below 1.3390 the downtrend pressure will sustain over market toward 1.3220-30 zone
Above 1.3390 market may head again for another try to re-tets downtrend line around 1.3440-80 zone which in turn may activate again the downtrend wave toward 1.3220-30 zone
Above 1.3480 market may enter new uptrend wave toward 1.3550 and 1.3620
Support | Resistance | |
Level 1 | 1.3300-30 | 1.3390 |
Level 2 | 1.3260 | 1.3440-80 |
Level 3 | 1.3200-20 | 1.3550 |