GBP/USD Weekly Technical Report 3-7/11/2014
ecPulse
2014-11-03 08:30AM UTC
The pair is stilll stable below 1.6000 keeping the bearish possibility valid for the few upcoming days supported by the negative Linear Regression Indicators, waiting to visit 1.5880 then 1.5800 levels. A break below the referred to levels extends the downside move towards 1.570, while the pari should breach 1.6000 then 1.6085 to stop the current bearish pressure and then push the pair back to the upside
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