GBPUSD 2018-07-05

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GBPUSD managed also to sustain advance where market managed to reach Short-Run targets 1.3260-80

Market still have room for more advance where Short-Run resistance zone as we see over the chart laying around 1.3310-30

If Pound failed to break above this zone another drop wave may be expected toward 1.3070-90 zone

Above 1.3330 Pound may gain more strength to march toward 1.3450-70 zone

  Support Resistance
Level 1 1.3280-1.3310 1.3215
Level 2 1.3400 1.3170
Level 3 1.3450-70 1.3070
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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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