GBP USD gains the positive momentum – Analysis - 24/10/2014
Economies.com
2014-10-24 04:54AM UTC
The sideways trading still dominates the GBPUSD pair’s actions, which keeps its stability above 1.6000 until now, which allows stochastic to get rid of its negativity and gain positive momentum gradually, which supports the chances of continuing the overall positive scenario, with targets that begin at 1.6100 and extend to 1.6335.
We remind you that breaking 1.6000 will open the way to target the next correctional level at 1.5720.
Expected trading range for today is between: 1.5950 support and 1.6200 resistance.
Expected trend for today: Bullish
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