British Pound hit another resistance with mix indicators

British Pound hit another resistance with mix indicators

Rami
01 (09) 2016 - 14:41 (GMT)
0

GBPUSD managed to jump above (1.3305) while another resistance for Triangle Formation within Short-Run placed another resistance at (1.3320-35) with mix indicators for Intraday & Short-Run Levels

Short-Run still need a daily close above that resistance (1.3325-35) in order to confirm more uptrend indicators while Intraday resistance sustain as it is

With mix indicators and with closing toward US labor market data tomorrow we will advise to take extremely cautious OR better to stop trading until those figures released

While will continue monitoring market within Intraday-Levels

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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