British Pound testing Short-Run support

British Pound testing Short-Run support

Rami
13 (09) 2016 - 10:22 (GMT)
0

GBPUSD managed to retreat from (1.3445) zone , while still holding above support level (1.3230) which consider the support zone for the uptrend wave as previous report advised (see here) where channel levels still protecting market as we see over the chart.

As long as market holding above (1.3230) the chance for more advance toward (1.3480) will sustain.

Below (1.3230) market may add more drop pressure to head toward (1.3070-85) zone for the Short-Run

GBPUSD

× Article short link: https://ramifx.com/?sQlatO

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 .

leave a comment