Forex Trading Library

GBPUSD 2016-04-26

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GBP/USD

1.4555

Market managed to break above resistance 1.4515 which placed market for new target toward 1.4640-70 as we advised before

market now facing support levels for the Intraday trading levels at 1.4525 and 1.4460 , where as long as market holding above those supports the uptrend will sustain toward 1.4640-70

Mid-Run:

the Mid-Run view showing main resistance at 1.4670 where above this zone market may start new uptrend wave that will target (1.5200 – 1.5300) as first target

  Support Resistence
Level 1 1.4525 1.4580
Level 2 1.4490-95 1.4640
Level 3 1.4460 1.4670
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