GBP/USD | Would it go rise or fall this upcoming week?
26 September 2015, 15:31
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We can see few factors:
- Global trend on 4H Chart showing us clear down rise
- We have tight channel in down rise direction (bearish)
- Technical indicators are oversold which might conflict with our initial two factors
- If not considering the technical indicators, we might continue more down, however what will decide by end of the day will be fundamental pressure.
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