Wednesday, October 9, 2013

GBP/USD Daily Outlook

Intraday bias in GBP/USD remains on the downside for the moment. A short term top is formed at 1.6259 on bearish divergence condition in 4 hours MACD. Deeper decline should be seen to 1.5716 support. Break there will confirm that whole rebound from 1.4813 has completed. On the upside, break



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