Saturday, June 28, 2014

GBP/USD Weekly Outlook

GBP/USD edged higher to 1.7062 last week but lost momentum again and turned sideway. Initial bias remains neutral this week first. As long as 1.6918 support holds. Further rally is still expected. Above 1.7062 will target next key long term fibonacci level at 1.7332. We'd expect loss of momentum as



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