Wednesday, January 1, 2014

GBP/USD Daily Outlook

GBP/USD's rally continues today and reaches as high as 1.6603 so far. Intraday bias remains on the upside and current rally should target 61.8% projection of 1.4813 to 1.6259 from 1.5853 at 1.6747, which is close to 1.6476 next medium term resistance. On the downside, below 1.6474 minor support will



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