GBP/USD Morning Technical Report 19/9/2014
ecPulse
2014-09-19 07:20AM UTC
The pair traded in strong positivity influenced by the results of the Scottish vote to remain part of the United Kingdom, then confirmed breaching the barrier 1.6285 that support the return of the upside move targeting 1.6625 now, and a break above the latter is the strongest catalyst that confirms halting the bearish correction that dominated the latest trading. Hence, the upside move remains favored in the upcoming period that requires stability above 1.6285.
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