British Pound met Intraday target after PMI

British Pound met Intraday target after PMI

Rami
01 (09) 2016 - 09:23 (GMT)
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GBPUSD managed to head for fast rebound correction after better than expected Manufacturing PMI which pushed for farther advance toward Intraday-Levels target (1.3235) and above ( for more details click here )

Intraday-Levels still holding trades below resistance (1.3275) while a resistance zone established at (1.3275 – 1.3305) as we see over the chart

As long as market holding below (1.3275) the downtrend wave will sustain toward target (1.2910-40) as our previous Short-Run report advised ( see here )

Above (1.3305) market may enter new uptrend wave with resistance levels at (1.3370) & (1.3480)

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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