Forex Trading Library

GBPUSD 2015-10-27

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GBPUSD

1.5340

As we see from the chart, British pound still holding short-run trades inside the triangle model while main resistance still at 1.5510 while support at 1.5200.

Triangle model showing first support at 1.5300, while first resistance at 1.5410-40 zone.

traders can hold trades inside this model while watch out from any break for any levels of the first Support OR resistance

  Support Resistence
Level 1 1.5300 1.5380
Level 2 1.5250 1.5440
Level 3 1.5200 1.5510
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