GBPUSD 2015-03-06

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GBP/USD: 1.5175

Pound on trading zone

as we see over the chart, market managed to sustain drop where managed today to test support level of the uptrend channel around 1.5160

market support zone at 1.5140-60 , if market managed to hold trades above this zone expect another rebound toward 1.5400 , while below 1.5140 expect farther drop toward 1.4990

waiting U.S labor market data today

Daily Trend: Down
Weekly Trend: Down

  Support Resistence
Level 1 1.5140-60 1.5215
Level 2 1.5050 1.5270
Level 3 1.4990 1.5345


or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

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