GBP/USD Weekly Outlook
Saturday, July 16th, 2011 at
9:00 am
GBP/USD formed a short term bottom at 1.5780 and rebounded strongly last week. But upside is limited below near term falling trend line resistance, as well as 55 days EMA. Thus, there is no confirmation of reversal yet and fall from 1.6746 is still in favor to continue. Below 1.5988
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Tagged with: currency forecast • forex market outlook • Forex Signal • fx trading signal
Filed under: Action Forex Market Outlook
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