GBP USD is stuck again 09/05/2013
Economies.com
2013-05-09 05:25AM UTC
The pair rallied higher to settle above 1.5485 and stops yesterday’s suggested negative scenario, which makes the trading stuck again between the mentioned level and the bullish channel’ s resistance at 1.5670
Accordingly, we return to the neutrality waiting for surpassing one of the mentioned levels and followed by getting clearer signals for the next trend on the intraday and short term basis.
Expected trading range for today is between: 1.5360 support and 1.5685 resistance.
Expected trend for today: Neutral
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