Forex Trading Library

GBPUSD 2015-10-28

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GBPUSD

1.5308

market managed to fell below support line of the triangle model , which add more drop pressure over British Pound where target now become toward 1.5180-1.5200 zone.

first resistance at 1.5310-30 zone and 1.5380, as long as market holding trades below 1.5330 the downtrend pressure will sustain for the short-run toward 1.5200 zone.

today fed Rate decision may rise market liquidity which may add risk for market trades

  Support Resistence
Level 1 1.5280 1.5310-30
Level 2 1.5200 1.5380
Level 3 1.5110 1.5420
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