GBP/USD Mid-Day Outlook

by Action Insight - Forex Analysis (ActionForex.com) on April 16, 2010

No change in GBP/USD's outlook. Intraday bias remains neutral as it's still staying in range of 1.5335/5521. Another rise cannot be ruled out and above 1.5521 will target 50% retracement of 1.6456 to 1.4783 at 1.5620 and possibly above. Nevertheless, there is no change in the view that price actions...

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