Friday, June 20, 2014

GBP/USD Daily Outlook

Intraday bias in GBP/USD remains on the upside as the rally from 1.4813 has just resumed. Further rise would be seen but we'll start to look for topping sign as it approaches long term fibonacci level of 1.7332. On the downside, break of 1.6918 support is needed to indicate short



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