GBPUSD closing from testing Intraday support zone

GBPUSD closing from testing Intraday support zone

Rami
03 (02) 2017 - 11:39 (GMT)
0

British pound head for fast drop after BOE Gov. Carney speaks yesterday

So far market seems heading to re-test 1.2410-20 support zone which if managed to hold trades above another rebound correction toward 1.2650-75 may hit the market before downtrend retrieve for farther drop toward 1.2250-70

Below 1.2410 market may sustain this drop wave which may lead for another re-test for 1.2250-70 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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