Saturday, January 3, 2015

GBP/USD Weekly Outlook

GBP/USD's down trend extended to as low as 1.5323 and met mentioned target of 100% projection of 1.7190 to 1.6051 from 1.6523 at 1.5384. Initial bias remains on the downside this week and current fall should extend towards 1.4813 key support level. On the upside, break of 1.5540 support is



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