rebid

GBPUSD continuously testing the support

FX:GBPUSD   Libra esterlina/Dólar estadounidense
- price had tested the support for several times. S1 can be classified as a strong support level. The price is ranging between the support and resistance zone for 3 days. Huge movement is expected next week.
- If the price manage to break the support zone, it may reach 1.2600 level.
- However, if price managed to break the trendline and resistance level, I'm projecting it will go up to 1.2800 level.

The support and resistance zones are the level that need to be watch out.

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