GBPUSD 2018-03-27

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GBPUSD managed to retreate from resistance 1.4230-40 as we advised yesterday where managed early today to hit target 1.4075

Intraday Levels showing support at 1.4060-70 whre as long as market holding above another advance toward 1.4200-20 zone will be expected

Market may hold this trading zone between 1.4060 and 1.4200 levels

Below 14060 market may risk for farther drop toward 1.3980-90 zone

Support Resistance
Level 1 1.4060-70 1.4155
Level 2 1.3980-90 1.4200-40
Level 3 1.3890 1.4280
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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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