GBP/USD Weekly Technical Report 1-5/9/2014
ecPulse
2014-09-01 06:47AM UTC
The pair is still providing sideways trading as Stochastic is still approaching overbought levels supporting the expectations of the bearish correctional move and its main next target resides at 1.6285. Of note, breaching 1.6625 halts the suggested negative scenario and pushes the pair to test 1.6800.
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