Monday, November 3, 2014

GBP/USD To Stay Between 1.6050 And 1.5850

Given the density of supply around 1.6050, the bias is to the downside. Apart from the multi-month down-trend, this resistance is created by the monthly pivot point and several other studies. Nevertheless, the bearish momentum may find it difficult to push the Sterling below the support at 1.5850, where the



Continue Read...

0 comments:

Post a Comment

Site Search