Thursday, May 29, 2014

GBP/USD Mid-Day Outlook

Intraday bias in GBP/USD remains on the downside. The decline from 1.6995 has just resumed. More importantly, current development revive the case that whole up trend from 1.4813 has completed at 1.6995, ahead of 1.7043 key resistance. Deeper fall should be seen to 100% projection of 1.6995 to 1.6731 from



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