GBPUSD 2018-04-03

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GBP managed so far to hold Intraday support 1.4010 intact which may provide chance for continues try to break resistance 1.4090-1.4120

Intraday may hold trades between those levels support 1.4010 & resistance 1.4090-1.4120

Above 1.4120 market may add more advance wave toward 1.4200-40

Below 1.4010 market may show new signals for farther drop to test 1.3930-50 zone

Below 1.3930 more drop toward 1.3780 may hit the market

  Support Resistance
Level 1 1.4010 1.4090-1.4120
Level 2 1.3930-50 1.4200-40
Level 3 1.3780 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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