Midday update for GBP USD 21/08/2014
Economies.com
2014-08-21 11:13AM UTC
The GBPUSD pair hovers around 1.6585 level, and as long as trading is stable below 1.6675, the negative trading will remain suggested for the rest of the day, and the next target at 1.6520.
The EMA50 continues to push negatively on the intraday trading to support the suggested decline.
Expected trading range for today is between: 1.6460 support and 1.6675 resistance.
Expected trend for today: Bearish
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