British Pound retreated below support levels

British Pound retreated below support levels

Rami
14 (09) 2016 - 10:50 (GMT)
0

GBPUSD retreated below support level (1.3230) which placed market under drop pressure as last Short-Run report advised (see here).

Market facing now resistance zone at (1.3230-70) where as long as market holding below this levels the Intraday-Levels will sustain drop toward Short-Run targets (1.3070-85).

Above (1.3270) market may add more advance where another resistance laying at (1.3340-60) zone.

 

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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