GBPUSD Daily Forecast Nov 17 2015

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Outlook in GBPUSD has turned neutral, the pair is a recovery mode at the moment, immediate support comes at the 1.5200 levels, resistance comes at the 1.5300 levels, a break would open 1.5400 before the next fall.

On the downside, support comes at the 1.5200 levels, below this level faces a pullback risk towards the 1.5130 levels, further down, support comes at the 1.5035 levels…

Conclusion: The GBPUSD continues to face upside threats above the 1.5200 levels, below 1.5200 faces a pullback risk towards the 1.5130/1.5035 levels before the next rise…

GBPUSD Daily Forecast Nov 17 2015

MARKET DATA

UPCOMING ECONOMIC EVENTS