GBP USD negotiates the critical support 16/05/2013
Economies.com
2013-05-16 05:31AM UTC
The pair continues in testing 1.5190, which shows strength against the declining attempts, while we notice that Stochastic is losing its bullish momentum gradually.
Until now, the neutral attitude remains valid, waiting for monitoring the price behavior according to the support level 1.5190 and the resistance 1.5275.
Expected trading range for today is between: 1.5070 support and 1.5360 resistance.
Expected trend for today: Neutral
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