Monday, June 2, 2014

gbp/usd daily technical analysis

The GBPUSD had a moderate bearish momentum last week. The pair is neutral in nearest term but all is all I prefer a sell, at this phase with nearest target seen around 1.6655 level. nearly resistance is seen around 1.6785 level. A clear break above that area could trigger further bullish pressure testing 1.6850 point.

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