British Pound broke above resistance zone

British Pound broke above resistance zone

Rami
01 (12) 2016 - 10:44 (GMT)
0

British Pound managed to jump above 1.2530 indicating farther advance toward 1.2600-25 zone as first target  as previous Intraday-Level report advised (see here)

From that zone market, may head for drop correction, while above 1.2630 market will face old resistance at 1.2675

Above 1.2630 will be the first sign of farther advance where above 1.2675 more advance toward 1.2770-90 zone will be expected

Below 1.2500 market will face second support at 1.2435-45

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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