Forex Trading Library

GBPUSD 2018-09-24

By Rami Abu-Draa Last updated Oct 31, 2021

British Pound went for fast drop last friday on UK prime minister comments on the Brexit Deal

Pound Short-Run support laying around 1.3000-40 zone where as long as market holding above another advance wave may hit the market toward 1.3340-60 zone

Below 1.3000 more drop toward 1.2800 will be expected

The Intraday Levels showing support at 1.3100 while first resistance at 1.3160 zone

	Support	Resistance
Level 1	1.3100	1.3160
Level 2	1.3000-40	1.3230
Level 3	1.2900	1.3300

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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