British Pound testing support leg for Short-Run

British Pound testing support leg for Short-Run

Rami
03 (10) 2016 - 14:43 (GMT)
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British Pound went for farther drop today where testing support zone for Intraday-Levels as previous report advised (see here) while zone of (1.2800) is consider as the support base for the coming Short-Run Levels.

As long as market holding trades above (1.2800) the Short-Run will go along with the Intraday-Levels with Long(Buy) opportunity, where Short-Run will provide much bigger rebound wave toward (1.3300-50) zone.

Below (1.2790) Short-Run will enter new downtrend wave which may target (1.2500-50) 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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