Wednesday, February 25, 2015

GBP/USD Daily Outlook

GBP/USD is pressing key resistance at 1.5540, 38.2% retracement of 1.6523 to 1.4950 at 1.5551 for the moment. At this point, we'd still expect strong resistance from the current level to complete the corrective rise from 1.4950 and bring reversal. Below 1.5315 will turn bias back to the downside for



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