Thursday, 17 March 2016

GBP/USD Strong BUY

GBP/USD
While at the moment the trend is set upwards after bouncing off the 1.4000 support, we need to consider the possibility of a decline to gather momentum after such a big and sudden jump. After the big turmoil on Thursday (today) and with the lack of any serious fundamental sentiment until the end of the week it is very likely that the trend follows into a corrective formation that could continue for a while

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