Friday, August 1, 2014

GBP/USD Mid-Day Outlook

GBP/USD drops further to as low as 1.6802 so far today and intraday bias remains on the downside. As noted before, a medium term top could be formed at 1.7190 already and the trend is reversing. Deeper fall should be seen to 1.6692 key support level for confirmation. On the



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