British Pound head higher after GDP data

British Pound head higher after GDP data

Rami
27 (10) 2016 - 10:07 (GMT)
0

GBPUSD managed to break above resistance (1.2250) after report showed better than expected GDP for 3rd quarter than economists expected.

Intraday-Levels showing support zone at (1.2200) where as long as market holding above more advance will be expected toward (1.2300-30) zone.

Below (1.2200) risk for more drop may emerge toward (1.2120-30) 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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