Forex Trading Library

GBPUSD 2017-10-04

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As we see over our previous chart and as we advised yesterday

GBPUSD managed to add more drop movement while Intraday indicators showing chance for rebound correction

As long as market holding above 1.3245 more advance toward 1.3340-60 is expected before a drop correction may hit the market

Above 1.3360 more advance toward 1.3430-50 is expected

Below 1.3225 market may add more drop pressure toward 1.3150

  Support Resistance
Level 1 1.3225 1.3295
Level 2 1.3150 1.3340-60
Level 3 1.3100 1.3450
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