British Pound facing drop pressure

British Pound facing drop pressure

Rami
10 (10) 2016 - 09:36 (GMT)
0

After the Flash Crash last Friday GBPUSD back to hold trades inside tight zone with market calm down to assist what case such crash.

Intraday-Levels still facing resistance zone at (1.2445-55) where as long as market holding trades below this zone more drop will be expected toward (1.2200) zone.

Above (1.2455) market may add more advance with opportunity to head to test resistance (1.2600) 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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