British Pound jump more than 200 pips after rate decision

British Pound jump more than 200 pips after rate decision

Rami
14 (07) 2016 - 13:32 (GMT)
0

Pound managed to jump more than 200 pips after policy makers in BOE decide to hold rate unchanged

While we will expect the intraday-run levels to witness congestion zone between 1.3100 – 1.3535

As we see over the chart there will be more than scenario at market with medium support at 1.3205

Zone of 1.3470-90 will sustain as short-sell zone, while 1.3100-50 will be the long-buy zone with our expectation for trading zone between those levels

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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