GBPUSD
Sterling is unwinding its oversold condition by flipping within
a near term range bordered by resistance at 1.3614 and
support at 1.3462-1.3455.
A break below 1.3450 will trigger the next short down to
1.3301.
And on the upside a break above 1.3615 is required to arrest
the downtrend and to start flipping more short stops for a 100
pip rally to 1.3715.
Sterling is unwinding its oversold condition by flipping within
a near term range bordered by resistance at 1.3614 and
support at 1.3462-1.3455.
A break below 1.3450 will trigger the next short down to
1.3301.
And on the upside a break above 1.3615 is required to arrest
the downtrend and to start flipping more short stops for a 100
pip rally to 1.3715.
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