Monday, September 29, 2014

GBP/USD Daily Outlook

Intraday bias in GBP/USD remains mildly on the downside for the moment. Rebound from 1.6051 should be finished at 1.6523 already. Deeper fall should be seen to 1.6051 low first. Break will resume whole decline from 1.7190 and should send GBP/USD through 50% retracement of 1.4813 to 1.7190 at 1.6002



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