Midday update for GBP USD 14/05/2013

Economies.com
2013-05-14 10:37AM UTC

The pair resumes its negative trading heading towards the main target 1.5190, and Stochastic is approaching from providing a negative overlapping signal that supports our bearish trend expectations, which remain valid conditioned by the stability below 1.5400 – 1.5485.

 

Expected trading range for today is between: 1.5190 support and 1.5485 resistance.

 

Expected trend for today: Bearish

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