Thursday 15 December 2016

GBPUSD Daily Analysis - December 16, 2016 Forex Analysis

GBPUSD's downward movement from 1.2774 extended to as low as 1.2376. Further decline could be expected and next target would be at 1.2250 area. Resistance is at 1.2550, as long as this level holds, the downtrend will continue.

gbpusd chart


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