GBPUSD 2018-08-29

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British Pound managed again to head to try for testing resistance 1.2930-60 before market retreate

As we see over the chart market may have a chance for trading zone between 1.2930-60 resistance and support 1.2700-30

Above 1.2960 market may add more extention toward 1.3050

  Support Resistance
Level 1 1.2850 1.2930-60
Level 2 1.2800 1.3040-50
Level 3 1.2700 1.3150
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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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