British Pound met Short-Run target

British Pound met Short-Run target

Rami
07 (12) 2016 - 10:20 (GMT)
0

GBPUSD managed to head for drop movement after testing resistance & target zone (1.2770-90), while managed moments ago to hit target (1.2560-80) as previous report advised (see here).

Intraday-Level showing first support zone at (1.2560-80) & (1.2500) zone, where as long as market holding trades above one of those supports, another rebound will be expected toward (1.2695) and maybe farther toward (1.2750-70) zone.

Below (1.2500) more drop pressure may hit market toward (1.2400) 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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