The GBPUSD pair fell below the support 1.2900 where we projected before that below this level more of a drop toward 1.2730-50 could hit the market.
Intraday resistance is at 1.2940-55 where as long as the market holds below it, more of a drop to test 1.2730-50 could hit the market before another swing back toward 1.3050-70.
Above 1.2955 more advance toward 1.3050-70 could hit the market.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.2730-50 | 1.2940-55 |
LEVEL2 | 1.2580 | 1.3050-70 |
LEVEL3 | 1.2450 | 1.3300 |
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