Forex Trading Library

GBPUSD 2018-04-10

By رامي أبو دراع Last updated Oct 31, 2021

British Pound managed to break above resistance line as we see over the chart and as we warn last week

Market now facing Intraday support levels at 1.4120 and 1.4070 where as long as market holding above one of those supports a chance for more advance to test 1.4240 zone will be good

Below 1.4070 market may risk for farther drop to test 1.3990-1.4010 zone

	Support	Resistance
Level 1	1.4120	1.4240
Level 2	1.4070	1.4345
Level 3	1.3990-1.4010	1.4410

رامي أبو دراع

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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