British Pound met Intraday Target

British Pound met Intraday Target

Rami
08 (12) 2016 - 11:20 (GMT)
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GBPUSD managed to hold support (1.2560-80) yesterday where managed to head for rebound correction toward (1.2695) as previous report advised (see here)

Intraday-Levels showing ability for more advance toward (1.2725-50) while as long as market holding trades below resistance (1.2775) another drop wave will be expected toward (1.2500-25) zone.

Above (1.2775) more advance may hit market to test (1.2860-70) resistance level which in turn may restore the downtrend pressure over the market.

Above (1.2870) market may initiate new uptrend wave as previous Short-Run report explained (see here).

 

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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