Δευτέρα 15 Φεβρουαρίου 2016

Technical Analysis GBP/USD

GBPUSD primary trend now has upward bias supported by rising lows as seen on H4 chart. A strong break and then test of the 1.4650 level is needed to confirm this upward direction, until which the market may continue to trade within a range down to 1.4350. A break with closes below 1.4320 could lead to further weakness to the downside.

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