British Pound testing support level for uptrend channel

British Pound testing support level for uptrend channel

Rami
19 (08) 2016 - 12:21 (GMT)
0

As previous report advised for drop correction over Intraday-Levels from resistance zone (1.3175-85) where market now testing support zone for the uptrend channel ( for more details see here )

as long as market holding above this support level of the uptrend channel another advance to re-test (1.3175-85) will be expected with more advance toward (1.3335)

below (1.3050) market may head to build more drop wave which may target (1.2940-60) zone

GBPUSD

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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