Midday update for GBP USD 10/02/2016
Economies.com
2016-02-10 11:01AM UTC
The GBPUSD pair made a new test 1.4515 level and remains below it until now, while stochastic reaches the overbought levels now, to support the chances for resuming the bearish trend for the rest of the day, and its continuation conditioned by holding below 1.4515.
Our main targets begin at 1.4245 and extends to 1.4078 after breaking the previous level.
Expected trading range for today is between 1.4330 support and 1.4550 resistance.
Expected trend for today: Bearish
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