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GBP/USD Forecast October 19, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Sunday, 18 October 2015 07:18 UTC

The GBP/USD pair fell during the course of the day on Friday, but still remains very well elevated after the recent impulsivity that sent this market towards the 1.55 handle. We have no interest whatsoever in selling this market and believe that pullbacks will offer buying opportunities. A move above the 1.55 level would be very bullish and should send this market to higher levels given enough time. We have no interest whatsoever in selling this market at the moment. We believe that there is more than enough support to keep this market going higher given enough momentum and encouragement.

 

 

 

 

 

 

 

GBP/USD Forecast October 19, 2015, Technical Analysis

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