GBP USD continues to rise – Analysis - 21/10/2014
Economies.com
2014-10-21 05:18AM UTC
The GBPUSD pair continues its positive trading approaching from 1.6200 barrier, to keep the bullish trend valid and active for today, where its next main targets located at 1.6335.
It is important to be aware that stochastic enters the overbought areas clearly, which might cause some fluctuation and temporary bearish bias before resuming the bullish trend, which remains valid and active unless breaking 1.6000 level.
Expected trading range for today is between: 1.6100 support and 1.6335 resistance.
Expected trend for today: Bullish
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