Midday update for GBP USD 19/11/2012

Economies.com
2012-11-19 11:07AM UTC

The pair achieved some bearish bias to visit 1.5900 affected by Stochastic negativity, while we still keeping our proposed scenario in our morning-issued report which requires monitoring the support levels between 1.5900 and 1.5800

 

Expected trading range for this week is between: 1.5650 support and 1.6250 resistance.

 

Expected trend for today: Bullish temporarily, neutral at the mentioned resistance.

 

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