Forex Trading Library

GBPUSD 2016-09-02

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market managed to advance above 1.3275 while failed to obtain daily close above 1.3320-35 zone placed new Triangle Formation at the market

as we see over the chart, if market failed to break and to get daily close above 1.3320-35 another downtrend swing will be available toward 1.2910-40 zone

a break and daily close above 1.3320-35 would set another uptrend wave that may target 1.3480 and above

  Support Resistence
Level 1 1.3230 1.3320-35
Level 2 1.3155 1.3370
Level 3 1.3060 1.3480
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