GBPUSD 2018-03-28

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GBPUSD managed to hold support zone 1.4060-70 yesterday where managed to head for rebound correction toward target 1.4200-20 zone as we advised yesterday

Market still facing resistance zone at 1.4200-40 zone where as long as market holding below another drop wave toward 1.3980-90 zone will be expected

Above 1.4240 market may head for farther advance where another resisance laying at 1.4345

Support Resistance
Level 1 1.4135 1.4220-40
Level 2 1.4060-70 1.4280
Level 3 1.3980-90 1.4345
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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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