GBP USD crawls to the upside 30/01/2013

Economies.com
2013-01-30 05:10AM UTC

The pair trades with slight positivity since yesterday, where it moves gradually towards the intraday waited target at 1.5820, as we remain preferring the bullish trend for today depending on 1.5690 stability.

 

We must mention that breaching above 1.5820 will offer an initial key for the main bullish trend return, while breaking below 1.5690 will force the pair to suffer more losses which might reach towards 1.5520 as a main next station.

 

Expected trading range for today is between: 1.5690 support and 1.5900 resistance.

 

Expected trend for today: Bullish

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