Midday update for GBP USD 08/01/2013

Economies.com
2013-01-08 11:10AM UTC

The pair trades with a mild bearish bias and remains stable below the broken bullish channel, that makes us keep our bearish trend expectations valid as it is conditioned by 1.6135 stability.

 

Expected trading range for today is between: 1.6000 support and 1.6200 resistance.

 

Expected trend for today: Bearish

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