Thursday, December 11, 2014

GBP/USD Daily Outlook

Intraday bias in GBP/USD remains neutral first. Current development suggests that the pair has bottomed in near term on bullish convergence condition in 4 hours MACD. Break of 1.5825 will confirm this case and bring stronger rise back to 1.6184 resistance first. Meanwhile, break of 1.5540 is needed to confirm



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