GBPUSD 2018-06-13

Posted on

GBPUSD still holding small trading zone while market facing Intraday level drop pressure as long as market holding trades below resistance 1.3380

As long as market holding below 1.3380 a chace for farther drop wave toward 1.3205 i expected

Above 1.3380 a chance for another test toward 1.3420 may hit the market 

Above 1.3420 more advance toward 1.3485 may be available

  Support Resistance
Level 1 1.3295 1.3080
Level 2 1.3205 1.3420
Level 3 1.3100 1.3485
(Visited 1 times, 4 visits today)

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.

- Website

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

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.

© Orbex