Tuesday, July 1, 2014

GBP/USD Daily Outlook

Intraday bias in GBP/USD remains on the upside for the moment. The larger rally from 1.4813 is still in progress for next key long term fibonacci level at 1.7332. We'd expect loss of momentum as it approaches this level and reverse from there. On the downside, below 1.7095 minor support



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