Forex Trading Library

GBPUSD 2017-12-05

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GBPUSD managed almost to hit target 1.3560 last week

Short-Run showing a trading zone between 1.3220-40 support and 1.3620-60 resistance

Intraday showing that as long as market holding trades above support 1.3320-40 another advance wave will be expected toward 1.3550-60, while above this zone more advance toward 1.3620-60 is expected

Below 1.3320 more drop to re-test 1.3220-30 will be expected

  Support Resistance
Level 1 1.3370 1.3485
Level 2 1.3320-40 1.3550-60
Level 3 1.3220-30 1.3620-60
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