GBPUSD Daily Forecast Dec 17 2015

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Outlook in GBPUSD remains neutral with risk to the downside as long as trades below the 1.5004 levels, support comes at the 1.4950 levels, a halt is likely, but a clear break below the 1.4950 levels may expose the 1.4895 levels, further down, support comes at the 1.4810 levels…

On the upside, immediate resistance 1.5004 levels, a break back above the 1.5004 levels will release some pressure and turn the focus again on the 1.5410 levels…

Conclusion: The GBPUSD continues to face downside threats below the 1.5004 levels…

GBPUSD Daily Forecast Dec 17 2015

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