Midday update for GBP USD 16/11/2012

2012-11-16 11:22:23 GMT (Economies.com)
 

The pair approached from 1.5900 and remains stable below it, accompanied with obvious negative signals offered by Stochastic on the four hours time frame, which makes us continue in our expected bearish trend for today unless the mentioned level was breached.

 

Expected trading range for today is between: 1.5700 support and 1.6000 resistance.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1931
0.0029
0.2399%
1.3917
0.0023
0.1670%
Tadawul
10919.68
6.62
0.06%
25.945
-0.043
0.166%
73.500
1.674
2.331%
75.56
0.32
0.43%
1774.915
-3.475
0.195%
 
 
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