Wednesday, June 18, 2014

GBP/USD Daily Outlook

Intraday bias in GBP/USD remains neutral as the consolidation from 1.7010 temporary top continues. Downside of consolidation should be contained above 1.6845 resistance turned support and bring rally resumption. The larger rally from 1.4813 is still in progress and above 1.7010 will target 1.7043 key resistance. We'll look for reversal



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