Wednesday, October 1, 2014

GBP/USD Daily Outlook

At this point, deeper fall is still expected in GBP/USD with 1.6341 minor resistance intact. Break of 1.6051 will resume whole decline from 1.7190 and should send GBP/USD through 50% retracement of 1.4813 to 1.7190 at 1.6002 to 61.8% retracement at 1.5721. On the upside, above 1.6341 minor resistance will



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