Monday, December 1, 2014

GBP/USD Daily Outlook

Intraday bias in GBP/USD remains neutral for the moment. As long as 1.5825 resistance holds, further fall is still expected. Break of 1.5584 will extend the fall from 1.7190 to 100% projection of 1.7190 to 1.6051 from 1.6523 at 1.5384. However, break of 1.5825 will indicate short term bottoming and bring stronger rebound.



Continue Read...

0 comments:

Post a Comment

Site Search