Tuesday, October 22, 2013

GBP/USD Daily Outlook

GBP/USD's rise from 1.5893 resumed after brief consolidation and intraday bias is back on the upside. Break of 1.6259 will extend the larger up trend to 1.6380. But we'd based on current momentum, we'd expect strong resistance at 1.6380 to limit upside and bring topping. On the downside, below 1.6115



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