GBP/USD Morning Technical Report 18/12/2014
ecPulse
2014-12-18 08:11AM UTC
The pair closed that daily candle below 1.5585 reactivating the main bearish scenario within the descending channel showing on graph, while the pair is targeting 1.5425 in the coming poriod. MACD is almost providing a negative crossover that support the expected bearishness, that remains valid by stabilizing below 1.5730.
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