GBP USD – Pre-closing update – 02/09/2014

Economies.com
2014-09-02 20:01PM UTC

The GBPUSD pair traded with clear negativity after breaking the minor rising wedge’s support that appears on the chart, to attack 1.6520 and attempt to hold below it, as the daily candlestick closing below this level represents an important negative key that supports the bearish bias extension towards 1.6360.

 

Expected trading range for today is between: 1.6460 support and 1.6680 resistance.

 

Expected trend for today: Bearish 

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