Tuesday, November 26, 2013

GBP/USD Daily Outlook

Intraday bias in GBP/USD stays neutral and more consolidations could be seen below 1.6240 temporary top. Another rise is still expected as long as 1.6071 support and and above 1.6240 will send GBP/USD through 1.6259. But in that case, we'd be cautious on strong resistance from there to bring reversal.



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