Tuesday, December 9, 2014

GBP/USD Daily Outlook

As long as 1.5825 resistance holds, near term outlook in GBP/USD stays bearish. Current fall from 1.7190 is expected to extend to 1.7190 to 1.6051 from 1.6523 at 1.5384 next. However, break of 1.5825 will confirm short term bottoming and bring stronger rebound.



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