GBPUSD 2018-07-09

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GBPUSD managed today with gap price to tets resistance zone 1.3310-30 while market managed to break today

Intraday levels showing first support at 1.3320 where as long as market holding above more advance toward 1.3450-70 is expected

Belw 1.3310 market may head for farther drop correction where second support at 1.3200-10 which may restore the uptrend again toward 1.3450-70

Bellow 1.3200 more drop toward 1.3100 is expected

  Support Resistance
Level 1 1.3320 1.3395
Level 2 1.3200-10 1.3450
Level 3 1.3100-10 1.3470
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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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