British pound found support zone at 1.3100-50

British pound found support zone at 1.3100-50

Rami
17 (07) 2016 - 23:42 (GMT)
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British Pound manged to hold support level 1.3100 intact where managed last friday to test support zone (1.3100-50) which if managed to support the market another rebound will be expected toward 1.3400 zone

from that resistance zone (1.3400-40) will expect the downtrend pressure to back over market to head toward 1.2950

above 1.3480 more advance will be expected where market will face resistance at 1.3550 & 1.3605

zone of (1.3100-50) still consider good zone to long-buy market with stop loss below 1.3100 and target toward 1.3400 

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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