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Author Topic: GBP/USD Mid-Day Outlook  (Read 4054 times)
Hemant
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« on: March 16, 2011, 05:01:18 pm »
GBP/USD Mid-Day Outlook

Intraday bias in GBP/USD remains neutral for the moment as it's bounded in established range. With 1.5962 cluster support (38.2% retracement of 1.5343 to 1.6343 at 1.5961) intact, there is no confirmation of reversal yet and we'll continue to stay neutral first. Though, note again that decisive break of 1.5962<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/B6g7O7GLFBM" height="1" width="1"/>

Source: GBP/USD Mid-Day Outlook
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