Forex Trading Library

GBPUSD 2017-10-30

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British pound managed to head also for rebound correction before testing support 13030-50

Market now facing resistance at 1.3180 which may push market for some drop correction to test 1.3075-1.3100 support zone before market head again toward farther advance toward 1.3270

Above 1.3180 market my sustain continues uptrend movement toward 1.3270

Short-Run see as long as market holding above 1.3030 another advance wave may hit market toward1.3270 and 1.3400

Below 1.3030 new downtrend wave may hit the market

  Support Resistance
Level 1 1.3075-1.3100 1.3180
Level 2 1.3030-50 1.3270
Level 3 1.2960 1.3335
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