Saturday, September 28, 2013

GBP/USD Weekly Outlook

GBP/USD consolidated below 1.6163 last week and despite the late rally, it's still limited below this resistance. Initial bias remains neutral tis week for some consolidations first. On the upside, break of 1.6163 will resume recent rally and should target 1.6380 resistance next. Below 1.5955 will bring deeper retreat. But



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