FOREX TRADING - GBPUSD Morning Report October 12 , 2010 GBP USD - gbp/usd Great British Pound (GBP) Morning Report
GBP
The cable is moving near the bullish channel’s support level at 1.5865 that meets with SMA 50, alongside bullish signs on the Stochastic. This makes us expect a bullish intraday trend targeting 1.6000 chiefly, where achieving it requires the daily closing to remain
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