GBPUSD 2018-06-28

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GBPUSD managed also to head toward target 1.3160-80 as we advised early this week

Pound managed this time to test support level 1.3070 while as long as market holding above this zone a chance for another rebound toward 1.3260-80 is expected

Below 1.3070 more drop may hit the market toward 1.2900 zone

  Support Resistance
Level 1 1.3070 1.3125
Level 2 1.2980 1.3235
Level 3 1.2900 1.3310
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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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