GBPUSD 2018-06-05

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British Pound managed to fell yesterday as market managed to hold trades below resistance 1.3420

Market managed to head for some rebound today while so far Market still holding below resistance 1.3420

As long as market holding below 1.3420 a chance for another drop to test 1.3230 is expected

Above 1.3420 more advance toward 1.3485 and 1.3530 is expected

  Support Resistance
Level 1 1.3330 1.3420
Level 2 1.3290 1.3485
Level 3 1.3230 1.3530
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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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