GBP/USD Morning Technical Report 22/12/2014

ecPulse
2014-12-22 09:21AM UTC

The GBP/USD has moved sideways in the past few sessions, as RSI and MACD indicators are neutral for the meantime, and therefore, we need to monitor the price until breaching the support of 1.5585 or resistance of 1.5730; the break of the support will push the price to towards 1.5425 initially, while the breaching resistance will push the pair to the upside correction targets starting at 1.5965.

 

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