Forex Trading Library

GBPUSD 2018-02-23

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GBPUSD still holding Short-Run trades inside trading zone within the triangle formation as we see over the chart

Market may sustain a trading zone between support 1.3855 and resistance 1.4060-80

Below 1.3855 more drop to re-tets 1.3760-80 is expected which in turn may activate another advance toward 1.4050 zone

Below 1.3760 more drop toward 1.3660 is expected

Above 1.3980 more advance toward 1.4060-80 is expected

  Support Resistance
Level 1 1.3855-85 1.3970-80
Level 2 1.3760 1.4060-80
Level 3 1.3660 1.4180
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