GBP/USD Weekly Technical Report 24-28/11/2014
ecPulse
2014-11-24 07:39AM UTC
The pair has been trading sideways since days and Linear Regression Indicatros are still applying negative pressure on the short and intraday trading, which kept our bearish expectations targeting mainly 1.5500 then 1.5425. The positivity of MACD and RSI are causing the current sideways volatility, and the expected downside move requires stability below 1.5680.
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