GBP USD stops at the critical support 23/01/2013
Economies.com
2013-01-23 05:35AM UTC
The pair remains close from yesterday-mentioned support level at 1.5820, which represents the key for pushing the price towards more bearish correction, and due to the strength of this level against the price attempts to move to the downside in the recent days, we prefer staying aside now to be certain from the price behavior according to the mentioned level, where the continuation of this level’s steadiness will push the price to the upside to test initially 1.5950, and might stop the current bearish correction at this level.
Expected trading range for today is between: 1.5690 support and 1.5950 resistance.
Expected trend for today: Neutral
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