Tuesday, March 31, 2015

GBP/USD Mid-Day Outlook

Intraday bias remains neutral at this point. More consolidation could be seen above 1.4634 with risk of another recovery. But upside should be limited by 1.5551, 38.2% retracement of 1.7190 to 1.4634 at 1.5610, and bring down trend resumption. Below 1.4634 will extend the fall from 1.7190 towards 1.4229 support next.



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