Midday update for GBP USD 26/11/2012

2012-11-26 11:22:08 GMT (Economies.com)
 

The pair declines gradually approaching from the retest level 1.5985, as we mentioned this morning that the bullish trend is preferred for the upcoming period conditioned with stability above this level.

 

Note that breaching 1.6050 will ease the way for achieving the waited targets.

 

Expected trading range for this week is between: 1.5900 support and 1.6310 resistance.

 

Expected trend for this week: Neutral

 
 
 
  Symbol Last Change Chg.%
1.2062
0.0009
0.0747%
1.3895
0.0001
0.0068%
Tadawul
10228.35
-26.53
0.26%
27.306
0.787
2.968%
64.811
0.901
1.410%
68.11
-0.85
1.23%
1813.365
23.780
1.329%
 
 
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