Tuesday, October 4, 2011

GBPUSD outlook for Short term 3rd Oct 2011

GBPUSD CMP is 1.5420 : GBPUSD is expect to continue the down trend in market where on lower side immediate support is seen at 1.5300 and if sustain trading is seen below 1.5300 will bring to 1.5180 - 1.5050 level on lower side, resistance of 1.5600 is seen on closing basis. we maintain bearish outlook for short term.

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