Midday update for GBP USD 07/05/2013
Economies.com
2013-05-07 10:43AM UTC
The tight range controls the pair’s trading, with some slight bearish bias now, and as we mentioned this morning, the price should surpass one of the critical levels between 1.5485 support and 1.5640 resistance to provide clearer signals for the next intraday trend.
Expected trading range for today is between: 1.5410 support and 1.5760 resistance.
Expected trend for today: Depends on the above mentioned levels
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