GBPUSD 2018-07-13

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As we advised yesterday GBPUSD managed to hold drop pressure toward support 1.3100-10

As long as market hoding above this zone another advance toward 1.3180-1.3210 and toward 1.3310-50 may hit the market

Below 1.3100 market may head to threat again the old support 1.3050 where below this levels more drop toward 1.2960

  Support Resistance
Level 1 1.3100-10 1.3180
Level 2 1.3050 1.3210
Level 3 1.2960 1.3310-50
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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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