GBP USD hovers around the support – Analysis - 27/11/2015
Economies.com
2015-11-27 05:10AM UTC
The GBPUSD pair continues to move around 1.5085 level and we are still waiting to get a daily close below this level to confirm breaking it, which will open the way to head towards the next correctional level at 1.4885.
In general, we will continue to suggest the bearish trend as long as the price is below 1.5305, noting that the EMA50 keeps pushing on the price to support the suggested bearish wave.
Expected trading range for today is between 1.4950 support and 1.5150 resistance.
Expected trend for today: Bearish
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