British Pound & Intraday trading zone

British Pound & Intraday trading zone

Rami
20 (09) 2016 - 12:32 (GMT)
0

GBPUSD managed to hold downtrend pressure as last report advised (see here) while market closing from testing Short-Run support zone which our previous report show (see here) just ahead of Fed Rate decision tomorrow.

Intraday-Levels showing ability to head for trading zone between (1.2940) & (1.3105) for the coming term which may provide Long(Buy) & Short(Sell) opportunities.

Below (1.2920) market may add more drop pressure for farther movement to test the last support zone (1.2800-50) which may hit market for rebound correction toward (1.2950)

GBPUSD

× Article short link: https://ramifx.com/?5EmKIN

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