Monday, December 8, 2014

GBP/USD Candlesticks and Ichimoku Analysis

Although the British pound resumed recent decline and fell to as low as 1.5541 earlier today, as recent selloff from 1.7192 top is losing downward momentum, sharp fall below 1.5530-35 (100% projection of 1.6525-1.5875 measuring from 1.6184) and reckon support at 1.5428 would hold on first testing, risk from there



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