Midday update for GBP USD 17/05/2013
Economies.com
2013-05-17 10:59AM UTC
The pair shows sideways trading since morning, heading towards a new test to 1.5270, while we still continuing in preferring the intraday bearish trend for today depending on the EMA50 and Stochastic negativity.
Expected trading range for today is between: 1.5070 support and 1.5360 resistance.
Expected trend for today: Bearish
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