GBP/USD Morning Technical Report 22/10/2014
ecPulse
2014-10-22 07:16AM UTC
The pair stabilized above the previously breached Falling Wedge resistance that turned to support at 1.6035, and the pair shoould stabilize above the referred to level and 1.6000 to extend the upside move on the short term, with the first target at 1.6285. Linear Regression Indicators are almost providing positive signals that support the expected bullishness.
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