GBP USD is stable at the support – Analysis - 22/07/2014
Economies.com
2014-07-22 00:04AM UTC
The GBPUSD pair remains moving near the main bullish channel’s support which rises now to 1.7050, as long as the price is stable above this level, the positive scenario remains valid on the intraday basis, and the price needs a strong motive that pushes it to target 1.7320 levels initially.
Breaking 1.7050 level might push the GBPUSD price to test 1.6950 levels initially before any new positive attempt.
Expected trading range for today is between: 1.7025 support and 1.7320 resistance.
Expected trend for today: Bullish
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