The pair hit resistance level 1.2685 and then dropped down dramatically to just above 1.2448 main support level. As long as the pair trades above 1.2448, the GBP might continue to gain momentum and we will face 1.2580 and 1.2685 resistance levels. However, If the price drops below 1.2448, we will follow the support levels at 1.2345 and 1.2250.
Supports: 1.2448 – 1.2345 – 1.2250
Resistances: 1.2580 – 1.2685 – 1.2775
06 Feb 17 (Mon)
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