GBP USD negotiates the critical resistance 05/04/2013

Economies.com
2013-04-05 05:44AM UTC

The pair satisfied by the first target near 1.5000 and curved higher sharply to settle now at the critical resistance 1.5235, and as we mentioned previously, breaching above this level will turn the intraday track to the upside.

 

Therefore, the next trend issue depends on the price behavior according to the support level 1.5155 and 1.5235 resistance.

 

Expected trading range for today is between: 1.5050 support and 1.5410 resistance.

 

Expected trend for today: Depends on the above mentioned levels

 

 

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