Midday update for GBP USD 31/10/2014

Economies.com
2014-10-31 10:56AM UTC

 

The GBPUSD pair shows sideways trading since morning and it hovers around 1.6000 level, while we still waiting for a daily close according to the mentioned level to detect the next trend clearly, which makes us keep our neutral attitude until now, and to recognize the expected targets in the next period, please take a look at our morning report.

 

Expected trading range for today is between: 1.5875 support and 1.6100 resistance.

 

Expected trend for today: Neutral

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