Midday update for GBP USD 30/11/2015
Economies.com
2015-11-30 11:29AM UTC
The GBPUSD pair fluctuates near 1.5000 level since morning, showing some slight bullish bias affected by stochastic positivity, while the negative pressure still valid on the intraday and short term basis supported by the EMA50, waiting to visit 1.4885 level mainly.
Note that breaching 1.5085 level might push the price to test 1.5315 level before any new attempt to decline.
Expected trading range for today is between 1.4885 support and 1.5130 resistance.
Expected trend for today: Bearish
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