Forex Trading Library

GBPUSD 2015-09-25

0 249

GBPUSD

1.5160
Sterling One more time a sell-off generated after the previous re-test of the broken channel , however now all the market players are keeping an eye on 1.51s . This level if market below it then 1.49 the target on the short term but the 1.46s will be achieved with a probability at 60%.
In case rebounded from 1.51s then the coming upper move would be suspected as a trend but we will see a trading range between 1.55s – 1.51s.

  Support Resistence
Level 1 1.5230 1.5380
Level 2 1.5165 1.5420
Level 3 1.5100 1.5550
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