Midday update for GBP USD 13/11/2012

Economies.com
2012-11-13 11:14AM UTC

The pair rallied to retest 1.5900 as waited, to bounce bearishly from there and resumes the negative trading.

 

In general, our suggested scenario in the morning report remains valid conditioned with steadiness below 1.5900.

 

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

 

Expected trend for today: Bearish

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