British Pound within coming Trading Zone

British Pound within coming Trading Zone

Rami
28 (08) 2016 - 23:14 (GMT)
0

British Pound retreated from previous resistance zone which mentioned in earlier report last Friday 26/8/2016 (for more details click here) and that’s after an expected increasing in liquidity after Yellen (fed Chairwoman) where our Blog report present some expectations & an outlook for US Dollar Index (see here)

This Triangle which we see over the chart within H4 frame seems going to control the coming Short-Run for Pound movement where a trading zone is expected between resistance (1.3275) and support zone (1.2900-40)

Will try to introduce some scenarios for daily movement inside the Intraday-Levels section

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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