GBPUSD Daily Forecast Oct 30 2015

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Outlook in GBPUSD has turned neutral at the moment, resistance comes at the 1.5320 levels, a failure to hold above the 1.5320 levels on a daily closing basis could mean a return to the 1.5223 levels, a halt is likely, but a cut would open 1.5130 next, further down, support comes at the 1.5000 levels.

On the upside, resistance comes at the 1.5320 levels, a break will open 1.5415 levels before the next fall, further upside will pave the way towards the 1.5522 levels.

Conclusion: The GBPUSD continues to face downside threats below 1.5230 levels, but taking out the key resistance 1.5320 remains an option….

 

GBPUSD Doily Forecast Oct 30 2015

 

GBPUSD Doily Forecast Oct 30 2015-H4

MARKET DATA

UPCOMING ECONOMIC EVENTS

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