Tuesday, September 2, 2014

GBP/USD Mid-Day Outlook

GBP/USD drops to as low as 1.6514 so far in early US session and the break of 1.6534 indicates resumption of recent fall from 1.7190. Intraday bias is back on the downside and current fall should now target 1.6251 cluster support (38.2% retracement of 1.4813 to 1.7190 at 1.6282). On



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