GBP/USD's consolidation from 1.5269 is still in progress and recovers further to 1.6217 today. At this point, intraday bias remains mildly on the upside as long as 1.5753 minor support holds and further recovery could be seen to 4 hours 55 EMA (now at 1.6322) Nevertheless, upside should be limited...
Disclaimer: All information on this web site is subject to change. The use of this web site constitutes acceptance
of our user agreement. All publisher financial articles at
FXtree.com are those of the individual authors and do not represent trading recommendations
of FXtree.com or its staff.
