British Pound holding support zone

British Pound holding support zone

Rami
10 (11) 2016 - 14:16 (GMT)
0

After GBPUSD managed to break above resistance (1.2490) as previous Short-Run show (see here) , the Pound start to show signals of farther advance toward target (1.2600-20) zone.

Intraday-Levels showing the support zone at (1.2350-60) where as long as market holding above another advance wave will be expected toward (1.2600-20) zone.

Below (1.2335) another drop wave may hit market toward (1.2270) and then (1.2150) 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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