British Pound testing support zone again

British Pound testing support zone again

Rami
28 (10) 2016 - 12:03 (GMT)
0

GBPUSD managed to head for farther drop after broke below (1.2200) where managed to met target and support zone (1.2120-30) as previous report advised (see here).

This support zone will consider good to Long(Buy) with stop loss below (1.2080) and target toward (1.2300-30) zone.

Below (1.2080) market may enter new downtrend wave which will discuss latter if happened .

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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