Tuesday, July 29, 2014

GBP/USD Daily Outlook

Intraday bias in GBP/USD remains on the downside for the moment. The break of 1.6952 support is taken as a signal of medium term reversal. This is supported by the break of medium term channel support. Deeper fall should now be seen to 1.6692 support. On the upside, above 1.7000



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