British Pound in trading zone awaiting Yellen Speach

British Pound in trading zone awaiting Yellen Speach

Rami
26 (08) 2016 - 11:34 (GMT)
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GBPUSD managed to hold trades below resistance (1.3275) which previously suggested which still holding the downtrend prospective until now ( see previous report here )

Pound managed to left the support level to be at (1.3160) which may hold trading zone between this level and (1.3275) resistance level untill Yellen Speach 

below (1.3160) will expect more downtrend indicators to show up which may provide farther drop correction toward (1.2940-80) zone

above (1.3275) market may add more advance toward (1.3360-75) resistance 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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