GBPUSD
The downward movement is continuing and GBPUSD pair is trading just below the 1.2190 resistance level. As long as the downward trend continues below 1.2190, we will follow support levels at 1.2121 and 1.1965. However, we expect that GBPUSD may found buyers from the 1.2121 daily support level. On the other hand, if the currency rise directly above 1.2190, the next resistance level will be at 1.2250.
Support: 1.2121 - 1.1965
Resistance: 1.2250 - 1.2190 - 1.2345
08 Mar 17 (Wed)
12:21 pm
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