GPB/USD Morning Technical Report 10/2/2016
ecPulse
2016-02-10 08:36AM UTC
GBPUSD attempts to incline, trading above moving averages at 1.4460 and 1.4420 respectively.
Meanwhile, we can’t affirm the bullishness unless the pair takes out 1.4525, as a break above it will be a good signal for buyers.
ADX shows weakness in uptrend strength and RSI moves above 50.00, but remains weak; thus, we will be neutral.
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